Corporation Tax

If your business is liable for Corporation Tax, you must tell HM Revenue & Customs and file a Corporation Tax return online, you must also pay any Corporation Tax electronically.

External Resource

1 min read

Your Corporation Tax rate depends on how much profit your company makes and may change on April 1 each year.

Taxable profits include:

trading and investment profits (except dividend payments which are taxed differently)
capital gains

Corporation Tax rates

There are two rates of Corporation Tax depending on how much profit your company makes - the small profits rate and the main rate.

If your business makes a profit somewhere between the two limits, you may be able to claim Marginal Relief.

Get the support you need right now

You can connect with us through the contact form, call us or contact your local Business Gateway office

You might also be interested in

Tax advantages for new businesses

New businesses may be able to cut their tax bill by claiming capital allowances, tax credits for research and development, and stamp duty relief.

Dealing with excise goods

When excise goods are moving within the European Union in excise duty-suspension, the movement must take place between persons and premises that have been approved for that purpose by the competent authorities in the Member State where they are based.

Alcohol, tobacco, fuel and gambling duties

Certain duties and obligations apply when dealing with alcohol, tobacco, fuel and gambling. Find out what those duties are and where to get detailed information.

Starting a business

Running a business

Finance

Marketing and Sales

Human Resources

DigitalBoost

Corporation Tax

You might also be interested in

Tax advantages for new businesses

Dealing with excise goods

Alcohol, tobacco, fuel and gambling duties