Part 3Income tax, corporation tax and capital gains tax
Chapter 1Charge and rates
Corporation tax
56Corporation tax starting rate and fraction for financial year 2001
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.