Corporation tax

The current CT rates.

Corporation tax rates are set for each Financial Year. A Financial Year runs from 1 April to the following 31 March.

If the accounting period of a company straddles the 31 March, the profits are apportioned on a time basis to each Financial Year.

The Northern Ireland Executive has committed to setting the rate of corporation tax at 12.5% to apply to certain trading income. While legislation has been passed, the final devolution is subject to agreement between the UK Government and the Northern Ireland Executive, which has not yet been reached.

Profits band (£) Year to 31.3.23 (%) Year to 31.3.22 (%)
All 19 19
© 2022 Farquhar Partnership Ltd. All rights reserved. We use cookies on this website, you can find more information about cookies here.
Registered in England & Wales no. 08704278
Farquhar Partnership Ltd, 151 Whiteladies Road, Clifton, Bristol BS8 2RA
Worldwide professional indemnity insurance is provided by HCC International Insurance Company plc, 1 Aldgate, London EC3N 1RE. Policy no. PI22A891516.
Sage