Bookkeeping, Accountancy and Taxation services
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Corporation Tax Rates
| Year to 31 March | 2013 | 2014 | 2015 |
| Taxable profits | % | % | % |
| £0-£300,000 – small profits rate | 20 | 20 | 20 |
| £300,001 – £1,500,000 – marginal rate | 25 | 23.75 | 21.25 |
| Over £1,500,000 – main rate | 24 | 23 | 21 |
The profit limits are reduced for accounting periods of less than twelve months and for a company with associated companies.
Different rates apply for ring-fenced (broadly oil industry) profit.
Disclaimer:- The information contained herein is given by way of general guidance only and no action should be taken solely on the basis of the information contained herein. The Avanti Group (UK) Ltd will be pleased to provide further guidance on the issues, and how they might affect you. No liability is accepted by the firm for any action taken without seeking appropriate professional advice
Tel: 08000 388799
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