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.

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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.

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Find out how to pay Corporation Tax on the GOV.UK website

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