95.This section sets the limits for small profits rate and marginal relief. It is based on section 13 of ICTA.
96.Subsection (2) deals with the straightforward case where there are no associated companies.
97.Subsection (3) deals with the case where there are associated companies. The limits are divided equally between the companies.
98.Subsection (4) reduces the limits if the company’s accounting period is less than 12 months long.
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