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Most people think corporation tax is just a sliding scale between 19% and 25%. Technically that’s true. But there’s a hidden effective rate in the middle that catches a lot of business owners out. If your profits sit between £50k and £250k, every extra £1 is effectively taxed at 26.5% because of marginal relief. That’s why tax planning matters. Things like pension contributions or capital investment can reduce profits in that band and save tax at the highest effective rate in the system. #taxtip
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