Corporation Tax Act 2010, Section 3 is up to date with all changes known to be in force on or before 04 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)Corporation tax is charged at the rate set by Parliament for the financial year as the main rate.
[F2(2)Subsection (1) is subject to—
(a)section 18A (which provides for tax to be charged at the standard small profits rate instead of the main rate in certain cases), and
(b)any other provision of the Corporation Tax Acts which provides for corporation tax to be charged at a different rate.]]
Textual Amendments
F1S. 3 substituted (with effect in accordance with Sch. 1 para. 22 of the amending Act) by Finance Act 2014 (c. 26), Sch. 1 para. 3
F2S. 3(2) substituted (with effect in accordance with Sch. 1 para. 34 of the amending Act) by Finance Act 2021 (c. 26), Sch. 1 para. 2
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