| Profits £ |
Effective rate to 31.3.05 |
Profits £ |
Effective rate to 31.3.04 |
| 0-10,000 |
|
Nil* |
0-10,000 |
|
Nil |
| 10,001-50,000 |
|
23.75%* |
10,001-50,000 |
|
23.75% |
| 50,001-300,000 |
|
19% |
50,001-300,000 |
|
19% |
| 300,001-1,500,000 |
|
32.75% |
300,001-1,500,000 |
|
32.75% |
| 1,500,001
and over |
|
30% |
1,500,001
and over |
|
30% |
| *Minimum
19% on profits distributed to non-corporate shareholders |
|
