[F13Corporation tax ratesU.K.
This section has no associated Explanatory Notes
(1)Corporation tax is charged at the rate set by Parliament for the financial year as the main rate.
(2)Subsection (1) is subject to any 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