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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Corporation Tax

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