The corporation tax rate for the 2020/21 financial year is 19%. The corporation tax rates for previous years are listed on the [HMRC website](https://www.gov.uk/government/publications/rates-and-allowances-corporation-tax/rates-and-allowances-corporation-tax#:~:text=At Budget 2020%2C the government,2021 would remain at 19%.).
The corporation tax rate for the 2021/22 financial year is 19%. The corporation tax rates for previous years are listed on the HMRC website.
Corporation Tax Calculator: Work Out Your Company Tax
In the UK, corporation tax is straightforward but essential to understand. Companies must calculate their taxable profits, which include trading profits, investment profits, and any capital gains. Once the taxable profit is determined, companies apply the current corporation tax rate to find out how much they owe.
Know how much corporation tax you owe in the financial year 2024/25 easily with our easy to use Corporation Tax Calculator. Using our calculator is straightforward and user-friendly. Just select your company’s gross profit, and the calculator does the rest. It applies the current corporation tax rates for 2024/25 and provides an accurate estimate of what you owe. This ensures you stay compliant with UK tax laws without the hassle of manual calculations.
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