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HMRC Publishes Update for Rates and Allowances for Corporation Tax

|Approved Changes|United Kingdom
United Kingdom

On 1 April 2020, UK HMRC published an update of the guidance on Rates and allowances for Corporation Tax. This includes that the Corporate Tax main rate is maintained at 19% (for all profits except ring fence profits) for the years starting 1 April 2020 and 2021, as announced at Budget 2020.

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