Corporation tax rates have already been enacted for periods up to 31 March 2021.
The main rate of corporation tax is currently 20%. The rate will then be reduced as follows:
- 19% for the Financial Years beginning on 1 April 2017, 1 April 2018 and 1 April 2019
- 17% for the Financial Year beginning on 1 April 2020.
All business taxes warrant professional and experienced advice. And with payroll being one of the biggest spend for most companies, it’s important that it is correct.
For information and assistance on processing payroll for employees, call +353 (0)41 98 92 100 or Request a callback from our Payroll Team today.