Corporation tax

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.

Profits band (£) Year to 31.3.20 (%) Year to 31.3.19 (%)
All 19 19

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© 2019 Richard Allen & Associates. All rights reserved.
Accountants in Poole


Richard Allen & Associates is the trading name of RA & A (Accountants) Limited.
Registered Office: 21 Church Road, Parkstone, Poole, Dorset, BH14 8UF.
Company Registration Number: 03744706. Registered in England and Wales.