CTM03530 - Corporation Tax: small companies: no associated companies: profit not more than the first relevant amount or the lower relevant max

Where in any accounting period of twelve months:

• a company has no associated companies ( CTM03570), and
• its profits for that accounting period ( CTM03600) do not exceed either the first relevant amount (CT starting rate) or the lower relevant maximum amount (small companies' rate),
• it may claim ( CTM03670) that the CT on its basic profits ( CTM03505) should be charged at either the CT starting rate or the small companies' rate respectively.