The changes also include new rates for early payments of corporation tax not due by instalments.
The new tax levels, which have come about as a result of changes in the market, are in respect of accounting periods ending on or after 1 July 1999 and took effect from 1 October 2001.
For underpaid instalment payments of corporation tax the band has decreased from 6% to 5.75%.
The rate of interest on overpaid instalment payments of corporation tax, and on corporation tax paid early (but not due by instalments), has fallen from 4.75% to 4.50%.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy