Tax Rates & Reliefs
| Rates | 2021/22 | 2022/23 |
|---|---|---|
| Main rate of Corporation Tax | 19% | 19% |
| Special rate for unit trusts and open-ended investment companies | 20% | 20% |
| Ring Fence Companies | 2021/22 | 2022/23 |
|---|---|---|
| Ring Fence Companies Profits Under £300,000 | 19% | 19% |
| Ring Fence Companies Profits Over £300,000 | 30% | 30% |
| Ring Fence Fraction | 11/400 | 11/400 |
