Part 3 INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAX
Chapter 1 CHARGE AND RATES
Income tax
F150 Charge and rates for 2001-02
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F251 Starting rate limit for 2001-02
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F352 Children’s tax credit: amount for 2001-02 and subsequent years
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F453 Children’s tax credit: baby rate
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Corporation tax
54 Charge and main rate for financial year 2002
Corporation tax shall be charged for the financial year 2002 at the rate of 30%.
F555 Small companies’ rate and fraction for financial year 2001
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56 Corporation tax starting rate and fraction for financial year 2001
For the financial year 2001—
(a)
the corporation tax starting rate shall be 10%, and
(b)
the fraction mentioned in section 13AA(3) of the Taxes Act 1988 (marginal relief for small companies) shall be one fortieth.