Accounting
How much will you pay?
Corporation Tax rates differ according to the size and the turnover of your business. A variety of factors must be taken into account. Small Profits Rate (20%) can be claimed by companies with profits not exceeding £300,000 (2012). Our experienced tax advisers will guide you and make you aware of the constantly evolving sector terminology. For instance:
Small Profits Rate
(former Small Companies’ Rate)
Standard fraction
(former Marginal Small Companies’ Relief fraction)
Ring fence fraction
(former Marginal Small Companies’ Relief fraction)
Marginal Relief
(formerMarginal Small Companies’ Relief)