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BritainThe standard corporate income tax rate is 19%, applicable to all companies. However, for companies with annual profits exceeding £ 250000, a higher tax rate of 25% applies. Small businesses and innovative companies may enjoy certain tax incentives. Entities registered in the UK with a turnover of £ 85000 are required to register for value-added tax, with the current standard tax rate being 20%.
1 pound
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