One of the main money earners for the Exchequer which was announced in the Spring Budget was the increase in the rate of corporation tax for companies for periods after 1 April 2023.
IR35 has been in the news a fair amount recently, mainly due to the anticipated changes which the government are due to bring in, effective from 6 April 2020.
There has been only one rate of corporation tax since April 2015 when the extra rate for profits over £300,000 was finally phased out.
Whether legal fees are allowable or not can sometimes cause confusion for directors of small companies.