Committee warns small businesses 'could pay heavy price' for MTD Leaving the EU with no deal 180,500 new homeowners benefit from stamp duty tax relief Tax-free gifts to employees Advisory fuel rates for company cars Phishing tax refund email targets university students Inheritance Tax Review by Office of Tax Simplification Budget 2018

Corporation tax

Corporation tax rates are set for each Financial Year. A Financial Year runs from 1 April to the following 31 March.

If the accounting period of a company straddles the 31 March, the profits are apportioned on a time basis to each Financial Year.

The Northern Ireland Executive has committed to setting the rate of corporation tax at 12.5% when the Northern Ireland Executive demonstrates its finances are on a sustainable footing.

Profits band (£) Year to 31.3.19 (%) Year to 31.3.18 (%)
All 19 19