Corporation Tax Rates
Based on the taxable profits and capital gains that your company makes this is the respective tax rate you will be charged, it is calculated before dividends are paid.
Questions you may have :
- How would running a fleet impact my corporation tax?
- What is best in terms of running a fleet for corporation tax?
How it works?
Running a fleet can have impacts on your corporation tax dependent on the funding acquisition model you use, our products section gives much more detail on this.
The information provided is based on existing and proposed legislation as at March 2020 (11th March 2020 UK Budget). Whilst every effort has been made to ensure that information given is accurate and not misleading, this information is intended to provide a quick reference to the current tax regulations relating to company vehicles and how they impact employers and employees. The content has been provided for informational purposes only and should not be relied on as a substitute for professional advice. No responsibility can be accepted by LetsTalkFleet Ltd for any loss or liability occasioned by any person acting on or refraining from action as a result of viewing this information.