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Finance Act 2001
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- 2001 c. 9
- Part 3
- Chapter 1
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Chapter 1 U.K. CHARGE AND RATES
Income taxU.K.
F150 Charge and rates for 2001-02U.K.
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Textual Amendments
F1S. 50 repealed (with effect in accordance with s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)
F251 Starting rate limit for 2001-02U.K.
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Textual Amendments
F2S. 51 repealed (with effect in accordance with s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)
F352 Children’s tax credit: amount for 2001-02 and subsequent yearsU.K.
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Textual Amendments
F3S. 52 repealed (6.4.2003) by Tax Credits Act 2002 (c. 21), s. 61, Sch. 6; S.I. 2003/962, art. 2(3)(e), Sch. 1
F453 Children’s tax credit: baby rateU.K.
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Textual Amendments
F4S. 53 repealed (6.4.2003) by Tax Credits Act 2002 (c. 21), s. 61, Sch. 6; S.I. 2003/962, art. 2(3)(e), Sch. 1
Corporation taxU.K.
54 Charge and main rate for financial year 2002U.K.
Corporation tax shall be charged for the financial year 2002 at the rate of 30%.
F555 Small companies’ rate and fraction for financial year 2001U.K.
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Textual Amendments
F5S. 55 repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)
56 Corporation tax starting rate and fraction for financial year 2001U.K.
For the financial year 2001—
(a)the corporation tax starting rate shall be 10%, and
(b)the fraction mentioned in section 13AA(3) of the Taxes Act 1988 (marginal relief for small companies) shall be one fortieth.
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