Corporation Tax 2005 2006

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We are also regulated for a range of investment business activities by the Institute of Chartered Accountants of Scotland.

Tax Data 2005 / 2006

CORPORATION TAX

	Years to 31.3.06 and 31.3.05
	Profits Band £	Rate %
Starting rate	0 - 10,000	0*
Marginal (starting) rate	10,001 - 50,000	23.75
Small companies rate	50,001 - 300,000	19
Marginal (small companies) rate	300,001 - 1,500,000	32.75
Full rate	Over 1,500,000	30
Starting rate fraction		19/400
Small companies fraction		11/400

* Minimum rate of 19% applies when profits are distributed to non-company shareholders.