5Main rate of corporation tax for financial year 2012U.K.
This section has no associated Explanatory Notes
(1)In section 5(2)(a) of FA 2011 (main corporation tax rate for financial year 2012 on profits other than ring fence profits), for “25%” substitute “ 24% ”.
(2)The amendment made by this section is treated as having come into force on 1 April 2012.