| |
Year to 31.3.2007 |
31.3.2006 |
| |
| Main rate |
30% |
30% |
| Profits above |
£1.5m |
£1.5m |
| |
| Small companies rate |
19% |
19% |
| Profits between |
£0 - £300k |
£50k - £300k |
| |
| Starting rate |
N/A |
0% |
| Profits below |
N/A |
£10k |
| |
| Small/large marginal band |
£300k - £1.5m |
£300k - £1.5m |
| Fraction (effective rate) |
11/400 (32.75%) |
11/400 (32.75%) |
| |
| Starting/small marginal band |
N/A |
£10k - £50k |
| Fraction (effective rate) |
N/A |
19/400 (23.75%) |
| |
| Minimum rate on distributions |
N/A |
19% |
