Corporation Tax
| Years to 31.3.2014 | 31.3.2013 | |
|---|---|---|
| Main rate | 23% | 24% |
| Profits above | £1.5m | £1.5m |
| Small companies rate | 20% | 20% |
| Profits up to | £300k | £300k |
| Small/large marginal band | £300k - £1.5m | £300k - £1.5m |
| Fraction (effective rate) | 3/400 (23.75%) | 1/100 (25%) |
