Corporation

Corporation Tax
 
Financial Year to
31/3/2007
31/3/2006
 
Full rate
30%
30%
Starting rate
N/A
0%
0% rate limit
N/A
10,000
marginal relief limit
N/A
50,000
marginal relief fraction
N/A
19/400
effective marginal rate
N/A
23.75%
Small companies rate
19%
19%
19% rate limit
300,000
300,000
marginal relief limit
1,500,000
1,500,000
marginal relief fraction
11/400
11/400
effective marginal rate
32.75%
32.75%
Non-corporate distribution rate
N/A
19%
 
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