What tax does a UK company pay?

Corporation Tax is 19% on profits up to £50,000 and 25% on profits over £250,000, with marginal relief in between. VAT registration becomes compulsory once taxable turnover passes £90,000 in 12 months (HMRC, as of September 2026). A UK-incorporated company is UK tax resident, and the country it is managed from may also treat it as resident there.