Part 3Income tax, corporation tax and capital gains tax

Chapter 1Charge and rate bands

Corporation tax

31 Small companies’ rate and fraction for financial year 2002

For the financial year 2002—

a

the small companies’ rate shall be 19%, and

b

the fraction mentioned in section 13(2) of the Taxes Act 1988 (marginal relief for small companies) shall be 11/400ths.