| 2019/20 | 2020/21 | ||
| £ | £ | ||
| Corporation tax | |||
| All profits and gains (excluding determination agreements and diverted profits (note 1) | 19% | 19% | |
| S455 tax on all loans made by close companies to participator | 32.50% | 32.50% |
| 2019/20 | 2020/21 | ||
| £ | £ | ||
| Corporation tax | |||
| All profits and gains (excluding determination agreements and diverted profits (note 1) | 19% | 19% | |
| S455 tax on all loans made by close companies to participator | 32.50% | 32.50% |