Corporation tax showing as 20% instead of 19%

How do I change the corporation tax rate from 20% to 19% in quickfile? This is for the period 2021 - 2022 and also the current year.


Hello @mikejones

When you view the Reports > Tax Summary screen, click on the pencil to change the dates, you change the dates or enter the same dates and you can edit the rate here.



Just be aware that the tax calculated by the tax report will not necessarily be accurate. This is because it doesn’t take account of the fact that your taxable profit/loss is not the same as your accounting profit/loss. It cannot account for adjustments such as capital allowances, for instance.

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