Corporation tax

Corporation tax

Calculating your company's liability to corporation tax is not straightforward. The calculation starts with your company's profit [before tax] which is then subjected to a number of adjustments, add backs and deductions.

Having used the calculator please contact us as we would welcome the opportunity to discuss reducing this provisional liability.

Please continue and enter values using the following options.

Company details
e.g. Plant and machinery. Not property, goodwill etc.
  1. Corporation tax is normally payable nine months after the end of your financial year.
  2. Depreciation is one of those items in your profit and loss account that is not an allowable cost for corporation tax purposes.
  3. Tax relief is available for certain capital expenditure. This calculator only allows for capital expenditure incurred during the year you are looking at.

Please note that the results you see on your screen are estimates only. If you wish us to look further you will need to contact us.