---

Corporation Tax Rates 2006/7

---

£ per year (unless stated)	2005-06	2006-07
Starting rate: 0%	£0 – £10,000	N/A*
Marginal relief	£10,001 – £50,000	N/A*
Small companies’ rate: 19%	£50,001–£300,000	£0-£300,000
Marginal relief	£300,001–£1,500,000	£300,001 - £1,500,000
Main rate: 30%	£1,500,001 or more	£1,500,001 or more
Non-corporate distribution rate	19%	N/A*

*The 2005 Pre-Budget Report announced that the starting rate and non-corporate distribution rate would be replaced with a single banding for small companies set at the existing small companies’ rate.
----------
Sign Up! - Make sure you sign up to our FREE weekly newsletter for the latest tax news and advice for small companies.

Posted March 27, 2006