¶9-000 Financial years from 2015


Financial year⁽¹⁾	Main rate %⁽²⁾	Main ring fence profits rate %⁽³⁾	Small ring fence profits rate £⁽³⁾	Special IP rate %⁽⁴⁾	Diverted profits rate %⁽⁵⁾
2019	19	30	19	10	25
2018	19	30	19	10	25
2017	19	30	19	10	25
2016	20	30	19	10	25
2015	20	30	19	10	25

Notes

(1)A financial year begins on 1 April and ends on the following 31 March. The financial year 2019 begins on 1 April 2019 and ends on 31 March 2020.

(2)F(No.2)A 2015, s. 7 sets the main rate of corporation tax for the financial year 2020 at 17%.

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