Finance Act 2006 (c. 25)

Part 3 U.K. Income tax, corporation tax and capital gains tax

Valid from 19/07/2006

Chapter 1 U.K. Income tax and corporation tax: charge and rate bands

Corporation tax U.K.

25 Small companies' rate and fraction for financial year 2006 U.K.

For the financial year 2006—

(a) the small companies' rate shall be 19%, and

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