New corporation tax rate regime begins

by | Apr 6, 2023 | Corporation Tax, Financial news, HMRC

From 1 April 2023 a new set of corporation tax (CT) rates came into effect. Companies with profits of up to £50,000 (the lower limit) will continue to pay CT at 19%, whilst those with profits exceeding £250,000 (the upper limit) will pay at 25%. For companies with...