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Wells Associates, accountants and business advisers

Corporation Tax Rates   2006/2007 Rates and Allowances

2006/2007 Rates and Allowances

Corporation tax rates and bands are as follows: -

Financial Year to

31 March 2007

31 March 2006

Taxable profits

First £10,000

19%

0%
Next £40,000

19%

23.75%
Next £250,000

19%

19%
Next £1,200,000

32.75%

32.75%
On profits over £1,500,000

30%

30%
Non-corporate Distribution Rate

n/a

19%
10 Lonsdale Gardens | Tunbridge Wells | Kent TN1 1NU 01892 507 280 | info@wellsassociates.com Site map | Legal | Printer Friendly
Wells Associates is the trading name of Wells Professional Partnership LLP which is registered to carry on audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales.
Registered Office: 10 Lonsdale Gardens Tunbridge Wells Kent TN1 1NU
Registered No: OC307133 England and Wales 		© 2006 - 2008 Wells Associates and MSO.net