Companies spared tax rise
The new Chancellor Kwasi Kwarteng has decided to keep the main rate of corporation tax at 19% at all profit levels.
The new Chancellor Kwasi Kwarteng has decided to keep the main rate of corporation tax at 19% at all profit levels.
Depending on your profits, the new corporation tax rates may not affect you at all. Even if your bill does rise, there are steps you can take to reduce the burden.