Timely reporting of corporation tax is essential.
UK Corporate Tax
Submit Corporation Tax Return (CT600)
We provide iXBRL (Inline eXtensible Business Reporting Language) tagging for your accounts and tax returns. If your accounting software does not support iXBRL, we’ll convert your documents using our specialized software.
Corporate Tax
- *Rate*: As of April 2023, the corporate tax rate is 25% for companies with profits over £250,000. For profits under £50,000, a lower rate of 19% applies. There is a tapered rate for profits between £50,000 and £250,000.
- *Allowances*: SMEs can benefit from various allowances, such as the Annual Investment Allowance (AIA), which allows 100% tax relief on qualifying capital investments up to a certain limit.
​
Disclaimer
The information provided on our website is for general informational purposes only, may not be up-to-date, and should not be considered as professional advice. We do not accept any liability for losses or damages incurred by anyone who claims to have relied on the information provided here. Your use of this site constitutes your acceptance of this disclaimer.