24/04/2026
Is your business aware of the new Corporation Tax rates? Many entrepreneurs struggle to understand how they’re taxed and what expenses they can claim.
Currently, the Corporation Tax rate for company profits is set at 25%. If your profits exceed £250,000, you'll face the main rate, but if your profits are £50,000 or less, you’ll benefit from the small profits rate of 19%.
What's more, navigating expenses and reliefs can be tricky. Ignoring these could lead to overpaying and unnecessary stress at tax time.
Here’s how JSK can assist you:
- Clarify which Corporation Tax rate applies to your company
- Guide you in understanding eligible expenses and what can be claimed
- Help you identify potential tax reliefs, like Marginal Relief
- Support you with accurate record-keeping to avoid costly mistakes
Don’t let confusion about Corporation Tax hold you back. Drop us a DM today to simplify your tax journey and ensure you’re maximising your resources!