Maidment Judd Chartered Accountants
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07/08 Corporation Tax

Year to 31.3.08
Profits Band
£
Rate
%
Small companies rate
0 - 300,000
20
Marginal rate
300,001 - 1,500,000
32.50
Full rate
Over 1,500,000
30
Small companies fraction
1/40

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

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