Corporation Tax Rates 2020-21

Corporation Tax on Profits

Level of Profits                                                2019-20        2020-21               
£0 - £300,000 - small profits rate                          19%               19%             
£300,001 - £1,500,000                                         N/A          Marginal rate    
£1,500,001 or more - main rate                             20%               20%