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Limited Company

Corporation tax, calculated for you

Real-time CT calculation with marginal relief — Penny tells you what to set aside each month.

Accounted calculates your corporation tax in real time — turnover, less allowable expenses, less director's salary, with marginal relief applied automatically. Penny tells you exactly how much to set aside each month so you're never caught short.

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Corporation TaxTurnover£85,000Allowable Expenses-£22,000Director's Salary-£12,570Taxable Profit£50,430CT Due (19% + marginal)£9,582

How It Works

1

Your books stay up to date

Penny categorises transactions as you go — your profit figure is always current.

2

CT calculated automatically

Including marginal relief for profits between £50k and £250k. No manual spreadsheets.

3

Penny recommends monthly set-aside

Never face a surprise tax bill. Penny tells you exactly what to put away each month.

Why Corporation Tax?

Real-time CT calculation

Not just at year end — see your corporation tax liability update as transactions flow in throughout the year.

Marginal relief applied automatically

For profits between £50,000 and £250,000, marginal relief is calculated automatically — no manual adjustment needed.

Payment deadline tracking

CT is due 9 months and 1 day after your accounting period ends. Penny reminds you well in advance.

Monthly set-aside recommendation

Penny calculates how much to set aside each month based on your current profit trajectory.

Integrates with salary and dividends

See how director's salary and dividend decisions affect your overall corporation tax position.

Corporation tax that updates in real time

Most limited company owners only see their corporation tax figure once a year when their accountant files. Accounted shows you your CT liability in real time, updated with every transaction.

  • Real-time calculation as transactions are categorised
  • Marginal relief applied automatically for profits £50k–£250k
  • 19% small profits rate and 25% main rate handled correctly
  • Director's salary and pension contributions factored in
Monthly Set-Aside£799per monthOn track for payment

Frequently Asked Questions

Currently 25% for profits over £250,000, 19% for profits under £50,000, with marginal relief in between. Accounted applies the correct rate automatically.

9 months and 1 day after your accounting period ends. For example, if your year end is 31 March, CT is due by 1 January. Penny tracks this deadline and reminds you well in advance.

Yes — marginal relief is automatically calculated for profits between £50,000 and £250,000. The effective rate tapers smoothly between 19% and 25%.

Yes — your accountant has full visibility of your corporation tax position, calculations, and set-aside recommendations through the accountant portal.

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Corporation Tax Calculator for Small Companies | Accounted