corporation tax allowances

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Tax Years 2006 to 2007
Financial Year to	31 March 2007	31 March 2006
First £10,000	19%	0%
Next £40,000	19%	23.75%
Next £250,000	19%	19%
Next £1,200,000	32.75%	32.75%
Over £1,500,000	30%	30%
Effective Marginal Rate	23.75%	23.75%
Small Companies Rate	19%	19%
19% Rate Limit	£300,000	£300,000
Marginal Relief Limit - full rate	£1,500,00	£1,500,000
Non- Corporate Distributed Profits	0%	19%

Tax Years 2006 to 2007