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Krogh & Partners Limited
 
Your auditor, accountant and advisor in the United Kingdom
Corporation Tax



Year to
31.3.2018
31.3.2017
Corporation Tax rate
19%
20%



Research and development relief
From 1.4.2017
From  1.4.2016
SME enhanced expenditure deduction scheme*
130%
130%
Large company R&D Expenditure Credit (RDEC) scheme**
11%
11%



*Additional deduction for qualifying R&D



**Taxable expendditure credit for qualifying R&D



SMEs that make losses can surrender the deduction to HMRC in exchange for a payment of 14.5% of the loss.







Tax rates

Tax rates 2016/17
Income Tax
Annual investment limits
Vehicle Benefit
Tax free mileage allowances
National Insurance Contributions
Pension contributions
Inheritance Tax
Value Added Tax
Capital Gains Tax
Corporation Tax
Main capital allowances
Property Taxes
Key dates and deadlines
Useful rates