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Thursday 24th May 2018 - Last update: July 8th, 2015.

Corporate Tax

July 8, 2015

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Type: Latest Blogs, Tax, The Budget

The rate of corporation tax will be reduced from 20% to 19% from 1 April 2017 and 18% from 1 April 2020.
For companies with profits of more than £20m, the quarterly instalment dates will be brought forward. Those companies will now have to pay tax in the third, sixth, ninth and twelfth month of the accounting period.

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