Corporation Tax
| Years to 31.3.2015 | 31.3.2014 | |
|---|---|---|
| Main rate | 21% | 23% |
| Profits above | £1.5m | £1.5m |
| Small profits rate | 20% | 20% |
| Profits up to | £300k | £300k |
| Small/large marginal band | £300k - £1.5m | £300k - £1.5m |
| Fraction (effective rate) | 1/400 (21.25%) | 3/400 (23.75%) |