The United Kingdom HM Revenue and Customs April 4 updated guidance on corporation tax rates and allowances, to include rates for corporation tax years beginning April 1. The updates include the unchanged: 1) main rate of 25 percent, for companies with profits over 250,000 British pounds (US$314,674); 2) small profits rate of 19 percent, for companies with profits under 50,000 pounds (US$62,934); 3) special rate of 20 percent, for unit trusts and open-ended investment companies; 4) main ring fence profits rate of 30 percent, for companies with profits over 250,000 pounds; and 5) small ring fence profits rate of 19 …<\/p>\n","protected":false},"excerpt":{"rendered":"
The United Kingdom HM Revenue and Customs updated guidance on corporation tax rates and allowances, including rates for corporation tax years beginning April 1. The main rate is 25 percent for companies with profits over 250,000 British pounds.<\/p>\n","protected":false},"author":6,"featured_media":7451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1521,461,33,5675,5674,2753,185,5612,1065,197,380],"class_list":["post-7450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-1521","tag-british","tag-companies","tag-corporation-tax-rates","tag-hm-revenue-and-customs","tag-investment","tag-main","tag-revenue","tag-tax","tag-united-kingdom","tag-us"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"\n