CORPORATION TAX

Corporation tax is charged on the profits of companies and unincorporated bodies that are not partnerships, for example members' clubs.

The term profits includes all sources of income and capital gains.  A company pays Corporation Tax on the profits it makes from doing business (‘trading profits’), its investments, and selling assets for more than they cost (‘chargeable gains’ – company assets include land and property, equipment and machinery, and company shares).  The rate of corporation tax is fixed by reference to financial years.  The Corporation Tax rate for company profits is 19 per cent.

Company and Corporation tax deadlines:

We can help you set up and manage your business’s finances so you achieve your strategic goals with minimum tax liability.

Company Pages ► Limited Companies ■ Tax Saving for Limited Company Owners ■ Tax Rates ■

■ Company Tax Saving ■ Corporation Tax SA ■ Capital Allowances ■ Company Formation ■

  ■ Incorporation ■ Directors Responsibilities ■ Company Secretarial ■

Registered office: 61 Friar Gate, Derby, Derbyshire, DE1 1DJ   T: 01332 202660

Adrian Mooy & Co is the trading name of Adrian Mooy & Co Ltd.  Registered in England No. 05770414