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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.
Measures for UK businesses and employers during the COVID-19 outbreak.
Details of the Spring Budget 2020. Our summary focuses on the key issues.
We would like to reassure all our clients that we remain open for business during the COVID-19 pandemic, even though at times our door may be closed. Please rest assured that we continue to respond to the ongoing situation, and have implemented the necessary changes that allow us to keep our staff and clients safe while we continue business as usual. Thank you for working with us during this challenging time.
Our COVID-19 Updates