Corporation Tax Rates 2024/25

Corporation Tax Rates 2024/25. The united kingdom hm revenue and customs april 4 updated guidance on corporation tax rates and allowances, to include rates for corporation tax years beginning april 1. All taxable uk limited companies must pay.

£42,523 x 19% = £8,079.37 in corporation tax. The increase in the main rate of corporation tax to 25% opens up differences in the amount of tax payable depending on the decisions made.