Every UK limited company pays Corporation Tax on its profits. Here's how the rate structure works.
| Profit level | Rate |
|---|---|
| Up to ยฃ50,000 | 19% (Small Profits Rate) |
| ยฃ50,000 โ ยฃ250,000 | Marginal relief โ effective rate rises gradually toward 25% |
| Above ยฃ250,000 | 25% (Main Rate) |
These thresholds are divided among "associated companies" โ if you own more than one company, the ยฃ50,000 and ยฃ250,000 limits are split between them.
Calculate your exact Corporation Tax, including marginal relief.
Use the Corporation Tax Calculator โAssociated company rules and specific reliefs aren't covered here. Consult an accountant for company-specific tax planning.