Corporation Tax Terms with "R"

Glossary of Corporation Tax - Glossario Imposta Società

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Rate, Corporation Tax: until March 2023 there is one rate of Corporation Tax (19%); from April 2023 onwards, the main rate of Corporation Tax will rise from 19% to 25%. Although the 19% rate will still apply if your profits are £50,000 or less, your company will pay more tax on profits above this level.