Maidment Judd Chartered Accountants
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06/07 Corporation Tax

Year to 31.3.07
Profits Band
£
Rate
%
Starting rate
0 - 10,000
19
Marginal (starting) rate
10,001 - 50,000
19
Small companies rate
50,001 - 300,000
19
Marginal (small companies) rate
300,001 - 1,500,000
32.75
Full rate
Over 1,500,000
30
Small companies fraction
11/400

The profits limits are reduced for accounting periods of less than 12 months and for a company with associated companies.

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