Part V U.K. Income Tax, Corporation Tax and Capital Gains Tax

Corporation tax charge and rate U.K.

59 Small companies. U.K.

For the financial year 1997—

F1 (a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b) the fraction mentioned in section 13(2) of the Taxes Act 1988 (marginal relief for small companies) shall be one fortieth.

Textual Amendments

F1 S. 59(a) repealed (31.7.1997) by 1997 c. 58, s. 52, Sch. 8 Pt. II(3) (with s. 3(3))