Corporation tax

This calculator uses the 2012/13 corporation tax rates to work out your liability. This may not be an accurate reflection of your corporation tax liability, please contact us to discuss further.

1. Corporation tax is normally payable nine months and one day after the end of your financial year.
2. Depreciation is one of those items in your profit and loss account that is not an allowable cost for corporation tax purposes.
3. Tax relief is available for certain capital expenditure. This calculator only allows for capital expenditure incurred during the year you are looking at.