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Tax Rates 2008/09
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- Tax Rates 2008/09
corporation tax
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Corporation Tax

 
  Year to 31.3.2009 31.3.2008
 
Main rate 28% 30%
Profits above £1.5m £1.5m
 
Small companies rate 21% 20%
Profits upto £300k £300k
 
Small/large marginal band £300k - £1.5m £300k - £1.5m
Fraction (effective rate) 7/400 (29.75%) 1/40 (32.5%)

 

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