Corporation tax rates
The following table shows corporation tax rates for the last two financial years.
| 2008 | 2007 | |
|---|---|---|
| Small companies' rate | 20% | 19% |
| On profits between | £0 - £300,000 | £0 - £300,000 |
| Marginal relief rate | 11/400 | 11/400 |
| On profits between | £300,001 - £1,500,000 | £300,001 - £1,500,000 |
| Main rate | 30% | 30% |
| On profits over | £1,500,000 | £1,500,000 |
This page was last reviewed on 16 April 2007.
The information may not reflect changes in legislation made after this date.