Corporation Tax Calculator

Estimate your corporation tax liability for 2025 with our free, HMRC-compliant online tool.

Corporation Tax Calculator (2024/25)

How to Use the Corporation Tax Calculator

Follow these steps to estimate your corporation tax liability for 2024/25:

Enter your company's gross profit in pounds (£).
Input allowable expenses incurred by the business.
Specify any capital allowances for equipment or assets.
Include R&D tax relief if applicable.
Click "Calculate" to view your tax liability and reliefs.

Get instant estimates for your corporation tax based on HMRC guidelines for April 2025.

Features of Our Corporation Tax Calculator

Calculates taxable profit based on HMRC guidelines.
Applies correct tax rates (19% or 25%) for 2024/25.
Includes marginal relief for profits between £50,000 and £250,000.
Accounts for allowable expenses and capital allowances.
Supports R&D tax relief calculations.
Responsive design for seamless use on any device.

Frequently Asked Questions

What is corporation tax?

Corporation tax is a tax on the profits of UK companies, calculated based on HMRC rates (19% or 25% for 2024/25).

What is marginal relief?

Marginal relief reduces the tax rate for companies with profits between £50,000 and £250,000, easing the transition from 19% to 25%.

What are allowable expenses?

Allowable expenses are business costs (e.g., salaries, rent) that can be deducted from profits to reduce taxable income.

How does R&D tax relief work?

R&D tax relief allows companies to deduct qualifying research and development costs from taxable profits, reducing their tax liability.