The Main Budget Protagonists go head to head

Introduction

Income Tax

Capital Gains Tax

Corporation Tax

Main Capital Allowances

Value Added Tax

Inheritance Tax

Vehicle Benefits

Mileage Allowances

NI Contributions

Key Dates & Deadlines

Pension Premiums

Charitable Giving

Savings & Investments

Some Useful Rates

Stamp Taxes

Return


     


Corporation Tax

Corporation tax rates and bands are as follows:

Financial Year to 31 March 2008 31 March 2007
Taxable profits    
First £300,000 20% 19%
Next £1,200,000 32.5% 32.75%
Over £1,500,000 30% 30%