Corporation Tax
Levied on companies depending on their profit levels, the Small Companies Rate is currently 21% on profits up to £300,000, companies with profits above this level are effected by marginal rates depending on their profits between £300,000 and £1,500,000, with the main rate of tax being currently 28%.
In this area of advice we work closely with our clients accountants around the companies financial year end to ensure timely action is taken to minimise any tax liability.