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.

Profits band (£) Year to 31.3.20 (%) Year to 31.3.19 (%)
All 19 19
Intuit QuickBooks Platinum Certified ProAdvisor Quickbooks Certified ProAdvisor - Advanced Online Sage Accountants' Club Xero - Certified Advisor

© 2019 Chedzoy Butterworth Accountants and Business Advisers. All rights reserved.

Regulated by the Institute of Chartered Accountants in England And Wales for a range of investment business activities

We use cookies on this website, you can find more information about cookies here.