Finance Bill 2021: Small profits rate of corporation tax and marginal relief | Practical Law

Finance Bill 2021: Small profits rate of corporation tax and marginal relief | Practical Law

The first version of the Finance Bill 2021, which was published on 11 March 2021, contains details of which companies with profits not exceeding £50,000 will qualify for the small profits rate of corporation tax and of the marginal relief to be available for companies with profits not exceeding £250,000.

Finance Bill 2021: Small profits rate of corporation tax and marginal relief

Practical Law UK Legal Update w-030-0969 (Approx. 3 pages)

Finance Bill 2021: Small profits rate of corporation tax and marginal relief

Published on 15 Mar 2021United Kingdom
The first version of the Finance Bill 2021, which was published on 11 March 2021, contains details of which companies with profits not exceeding £50,000 will qualify for the small profits rate of corporation tax and of the marginal relief to be available for companies with profits not exceeding £250,000.