Corporation Tax - Kime O'Brien - Chartered Accountants Macclesfield

Corporation tax rates

Financial Year to	31 March 2011	31 March 2010
Taxable profits
First £300,000	21%	21%
Next £1,200,000	29.75%	29.75%
Over £1,500,000	28%	28%

Small company’s marginal relief fraction
£300,000 - £1,500,000	⁷/₄₀₀	⁷/₄₀₀