top of page

TAXATION

PERSONAL INCOME TAX

Personal Income Tax is a tax you pay on your income.

VALUE ADDED TAX

Value-added tax (VAT) The standard VAT rate of 20% applies to most goods and services, apart from domestic fuel and power and certain other reduced-rate supplies, which are subject to VAT at 5%.

CORPORATION TAX

The main rate of corporation tax is 25% for the financial year beginning 1 April 2023 (previously 19% in the financial year beginning 1 April 2022). This main rate applies to companies with profits in excess of GBP 250.000. 

Let’s Work Together

Get in touch so we can build a plan on how Martina Rose Accounting can assist you moving forward!

Thanks for submitting!

bottom of page