Section 5: Corporation Tax: Charge for Financial Year 2015
Summary
1.This section charges corporation tax (CT) for the financial year beginning 1 April 2015.
Details of the Section
2.This section charges CT for the financial year beginning 1 April 2015.
Background Note
3.Parliament charges CT for each financial year. This section charges CT for the financial year beginning 1 April 2015. The rate of CT for the financial year 2015 was set at 20 per cent in section 6 (1) Finance Act 2013.