Corporation tax

Companies pay corporation tax on their income and gains. View the current rates and estimate the tax due.

Call 020 7602 6366 or email info@merchant.london

Corporation tax rates are set for each Financial Year. A Financial Year runs from 1 April to the following 31 March.

If the accounting period of a company straddles the 31 March, the profits are apportioned on a time basis to each Financial Year.

The Northern Ireland Executive has committed to setting the rate of corporation tax at 12.5% when the Northern Ireland Executive demonstrates its finances are on a sustainable footing.

Year to 31.3.25:

Rate Profits band (£) Rate (%)
Small profits rate 0 - 50,000 19
Marginal rate 50,001 - 250,000 26.5
Main rate Over 250,000 25
Marginal relief fraction 3/200  
acca.png quickbooks.png xero.png
About our team

Merchant & Co was founded in 1920 by Harold Aubrey Merchant, a former mayor of Ealing. The firm has always been based in West London with offices in the Ealing, Kensington and Harrow areas...

Learn more

Contact Details

Please call:
020 7602 6366

Ealing Address: 2 Craven Road, Ealing W5 2UA
Harrow Address: 9 Bradburys Court Offices, Lyon Road, Harrow HA1 2BY

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

© 2024 Merchant & Co. All rights reserved.
Merchant & Co is the practising name of Merchant Mackinlay Simpson Ltd Incorporating Grashoff & Co and Campbell & Samuel Ltd.
Registered in England | Co Number : 08117182 | Reg Office : Merchant & Co, 2 Craven Road, Ealing, LONDON W5 2UA

Merchant Mackinlay Simpson Ltd is registered to carry out audit work in the UK by The Association of Chartered Certified Accountants. Details of our registration can be viewed at https://www.auditregister.org.uk

We use cookies on this website, you can find more information about cookies here.