How it works it out

  • The rates: 19% on profits up to £50,000 and 25% over £250,000, with marginal relief in between1,2.
  • The limits: both are reduced for a period shorter than 12 months, and divided by the number of associated companies plus one2.
  • The year: worked out for an accounting period starting 1 April 2026. The rates and limits have been the same since 1 April 20231.