The corporation tax year operates from 1st April
| |
Main Rate |
Small profit Rate |
Marginal Rate |
| 2024/25 |
25% |
19% |
26.5% |
| 2025/26 |
25% |
19% |
26.5% |
| 2026/27 |
25% |
19% |
26.5% |
| 2027/28 |
25% |
19% |
26.5% |
| 2028/29 |
25% |
19% |
26.5% |
| Rate | 2024/25 | 2025/26 | 2026/27 | 2027/28 | 2028/29 |
| Main rate | 25% | 25% | 25% | 25% | 25% |
| Small profit rate | 19% | 19% | 19% | 19% | 19% |
| Marginal rate | 26.5% | 26.5% | 26.5% | 26.5% | 26.5% |
Corporation Tax Thresholds
| |
Main rate on profits over |
Small profits rate up to |
| 2024/25 |
£250,000 |
£50,000 |
| 2025/26 |
£250,000 |
£50,000 |
| 2026/27 |
£250,000 |
£50,000 |
| 2027/28 |
£250,000 |
£50,000 |
| 2028/29 |
£250,000 |
£50,000 |
| 2024/25 | 2025/26 | 2026/27 | 2027/28 | 2028/29 |
| Main rate on profits over | £250,000 | £250,000 | £250,000 | £250,000 | £250,000 |
| Small profits rate up to | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 |
