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.

Year to 31.3.25:

Rate Profits band (£) Rate (%)
Small profits rate 0 - 50,000 19
Marginal rate 50,001 - 250,000 26.5
Main rate Over 250,000 25
Marginal relief fraction 3/200  
Chartered Tax Advisers ACCA

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

© 2024 Whinfrey Briggs Limited. All rights reserved.

Registered office: Whinfrey Briggs Limited, Unit 33, Century Business Centre, Century Business Park, Manvers, Rotherham S63 5DA

Company number: 14363822


Whatever type of business or whichever stage your business is at, Whinfrey Briggs offers a comprehensive range of services.

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