Corporation Tax

Up until 31 March 2015 there were two rates of corporation tax and one effective marginal rate. From 1 April 2015 the main rate and the small profits rate have been unified and are set at 20%.

Corporation tax rates and bands are as follows:

Financial Year to	31 March 2016	31 March 2015
Taxable profits
First £300,000	20%	20%
Next £1,200,000	20%	21.25%
Over £1,500,000	20%	21%

We work with

About TWD

Based in Stockport, near Manchester, we represent the friendly face of tax. Over the last 20 years, we have grown to become one of the UK`s leading independent tax and accountancy specialists.

Address:
Mellor House,
65-81 St Petersgate,
Stockport,
SK1 1DS.
Phone: 0800 093 9433