Corporation Tax Rates and Allowances

April 1, 2026 · WOWERI

Corporation Tax rates and allowances in the UK. Check the latest updates and changes. Corporation Tax rates vary depending on the company's income.

Introduction

Corporation Tax is one of the key taxes that companies must pay in the UK. Corporation Tax rates and allowances can change, so it's essential to stay up-to-date with the latest updates.

Corporation Tax Rates

Corporation Tax rates vary depending on the company's income. According to the latest updates, Corporation Tax rates are:

Company Income	Corporation Tax Rate
Up to £50,000	20%
£50,001 to £250,000	22%
Over £250,000	25%

Corporation Tax Allowances

Companies can also claim various allowances, such as:

Research and Development Allowance
Capital Allowance
Property Allowance

Conclusion

Corporation Tax rates and allowances can be complex and subject to change. Therefore, it's crucial to regularly check for updates and consult with a tax specialist to ensure your company is paying the correct amount of tax.

What to do next

Consultation $150

Source: gov.uk