Part 3

Income tax, corporation tax and capital gains tax
Chapter 1

Charge and rate bands

Corporation tax

Corporation tax starting rate and fraction for financial year 2002
32
For the financial year 2002—
a
the corporation tax starting rate shall be 0%, and
b
the fraction mentioned in section 13AA(3) of the Taxes Act 1988 (marginal relief for small companies) shall be 19/400ths.