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Corporation tax

Companies pay corporation tax on their income and gains. View the current rates and estimate the tax due.

Corporation tax rates are set for each Financial Year. A Financial Year runs from 1 April to the following 31 March.

If the accounting period of a company straddles the 31 March, the profits are apportioned on a time basis to each Financial Year.

The Northern Ireland Executive has committed to setting the rate of corporation tax at 12.5% when the Northern Ireland Executive demonstrates its finances are on a sustainable footing.

Year to 31.3.26:

Rate Profits band (£) Rate (%)
Small profits rate 0 - 50,000 19
Marginal rate 50,001 - 250,000 26.5
Main rate Over 250,000 25
Marginal relief fraction 3/200  
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Business Details
Moorhurst Partners LLP
Chartered Certified Accountants
Chartered Tax Advisers
Suite S2, Blackwell House, Guildhall Yard, London EC2V 5AE

Registered in England & Wales No: OC444601
Registered with The Association of Chartered Certified Accountants – ACCA – Number: 6242942
Members of the Chartered Institute of Taxation - Members Number: 158627
VAT Registration Number: 429 7711 68