Guidance

Rates and allowances for Corporation Tax

Rates, allowances and limits for Corporation Tax.

From:
HM Revenue & Customs
Published
14 April 2013
Last updated
214 DecemberApril 20222024 — See all updates

Documents

Corporation Tax rates and allowances

HTML

Details

The attached document is classified by HMRC as guidance and contains information about the rates payable for Corporation Tax.

Published 14 April 2013
Last updated 214 DecemberApril 20222024 + show all updates

  1. The Corporation Tax Rate tables has been updated for 2024.

  2. From 1 April 2023 there is no longer a single Corporation Tax rate for non-ring fence profits. Marginal relief is also available for companies with profits between £50,000 and £250,000. The rates tables have also been updated for the financial year 1 April 2023 to 31 March 2024.

  3. The Corporation Tax main rate will remain at 19% from 1 April 2023.

  4. Column added to Corporation Tax rates table for 2022 and information added on 2021 Spring Budget.

  5. Column added to the rates table for 2021. Amended column header in Ring Fence companies table to ‘2014 to 2021’.

  6. The rates and allowances have been updated for tax year 2019 to 2020.

  7. The guidance has been updated with the current rate of Corporation Tax for non-ring fence profits.

  8. Corporation tax rate tables updated for 2019.

  9. Rates, allowances and duties have been updated for the tax year 2018 to 2019.

  10. Rates, allowances and duties have been updated for the tax year 2017 to 2018.

  11. Rates, allowances and duties have been updated for the tax year 2016 to 2017.

  12. Updates made to reflect the new changes announced in the Summer Budget 2015.

  13. Corporation Tax rates for 2015 added

  14. Corporation Tax on chargeable gains: Indexation Allowance 2014 addd to this page.

  15. First published.