Corporation Tax with marginal relief, shown clearly.
Small profits rate (19%), main rate (25%), and the marginal relief band between £50k and £250k profit. We show every step.
Corporation Tax due£17,450On £80,000 of taxable profit
- Taxable profit£80,000.00
- Main rate (25%)£80,000 × 25%£20,000.00
- Marginal relief(£250,000 − £80,000) × 3/200£2,550.00
- Total Corporation TaxEffective rate: 21.81%£17,450.00
2024/25 rates: 19% on profits up to £50,000, 25% on profits over £250,000, with marginal relief between. Associated companies divide both thresholds proportionally. Excludes R&D credits and special regimes.
Personal allowance £12,570Higher-rate threshold £50,270Additional-rate threshold £125,140Dividend allowance £500NI primary threshold £12,570Class 1 NI 8% / 2%Pension annual allowance £60,000ISA allowance £20,000Capital Gains AEA £3,000VAT registration threshold £90,000Personal allowance £12,570Higher-rate threshold £50,270Additional-rate threshold £125,140Dividend allowance £500NI primary threshold £12,570Class 1 NI 8% / 2%Pension annual allowance £60,000ISA allowance £20,000Capital Gains AEA £3,000VAT registration threshold £90,000
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