Profits of £50,000 or less pay the 19% small profits rate. Profits over £250,000 pay the 25% main rate. In between, tax is worked out at 25% and reduced by Marginal Relief, so £100,000 of taxable profit over 12 months pays £22,750.
Most director-shareholders take a mix of a small salary and dividends. A salary is a business cost for Corporation Tax, but can carry National Insurance. Dividends come out of profits after Corporation Tax. You get a £500 dividend allowance, then pay 10.75% at the basic rate.
If you owe your company money at the year end, the company may pay a temporary 35.75% tax charge on loans made on or after 6 April 2026. There is no charge if the loan is repaid within 9 months of the end of the accounting period.
No bookkeeping? No problem.
No bookkeeping needed first. Bank statements are enough to start. We do the bookkeeping, prepare your accounts and tell you if anything important is missing.
Get my accounts sorted
Leave your name and number and we’ll call you back to talk about your company.
Tell us about your company. We’ll explain what we need from you and exactly what it costs.
If you’d like to go ahead, we’ll send you a link to get started. If not, that’s fine. No obligation.
£19 for dormant companies, £199 or £499 for trading companies, confirmed with you before we begin.
Our target is draft accounts within 24 hours of receiving complete records and answers.
We look for ways to cut your Corporation Tax, and you approve everything before we file.
