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Corporation Tax Calculator

Work out the Corporation Tax on your property company's profit, with the 19% and 25% rates and marginal relief between.

Calculator

Corporation Tax Calculator

Work out the Corporation Tax on your property company's profit, with the 19% and 25% rates and marginal relief between.

£

Rental profit after allowable costs. A company deducts mortgage interest in full, unlike an individual.

Corporation Tax to pay
£5,700
Effective rate 19.0%
Taxable profit£30,000
Profit after Corporation Tax£24,300

19% up to £50,000, 25% from £250,000, with marginal relief (about 26.5%) between. The £50,000 and £250,000 limits are shared between associated companies and reduced for short periods. To take the profit out personally you then pay dividend or salary tax on top.

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How Corporation Tax works for a property company

A limited company that holds rental property pays Corporation Tax on its profit, not income tax. The profit is the rental income less allowable costs, and crucially a company deducts mortgage interest in full, which is the main attraction of incorporating for a higher-rate landlord caught by Section 24.

The rate depends on the size of the profit. Up to £50,000 the small-profits rate of 19% applies; at £250,000 or more the main rate is 25%; in between, marginal relief tapers the rate so the effective charge on the middle slice is around 26.5%. Most single-property companies sit in the 19% band.

Those £50,000 and £250,000 limits are divided between associated companies, so if you control several companies each gets a smaller slice of the lower rate. They are also reduced for accounting periods shorter than twelve months.

Corporation Tax is only the first layer. The profit left in the company can be reinvested, but to spend it personally you pay yourself a salary or dividends and are taxed again on that. Whether a company beats personal ownership depends on your wider position, which is exactly what we model before you incorporate.

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