Tax Tables
2023/24

Corporation tax

Year to 31/3/23

Profits
£0–£50,000
£50,001–£250,000
£250,001 and above

Effective rate
19.0%
26.5%
25.0%

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Diverted profits

31%

Year to 31/3/23

Profits: 19%

Diverted profits: 25%

Loans to participators

Made in 23/24: 33.75%

Made in 22/23: 33.75%

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