Finance Act 2003 (c. 14)

Part 6 U.K. Income tax and corporation tax: charge and rate bands

Corporation tax U.K.

133 Charge and main rate for financial year 2004 U.K.

Corporation tax shall be charged for the financial year 2004 at the rate of 30%.

F1 134 Small companies' rate and fraction for financial year 2003 U.K.

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Textual Amendments

F1 S. 134 repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)

135 Corporation tax starting rate and fraction for financial year 2003 U.K.

For the financial year 2003—

(a) the corporation tax starting rate shall be 0%, and

(b) the fraction mentioned in section 13AA of the Taxes Act 1988 (marginal relief for small companies) shall be 19/400ths.