Skip to main content

14 Corporation Tax (Small Companies)

Volume 130: debated on Monday 21 March 1988

The text on this page has been created from Hansard archive content, it may contain typographical errors.

Resolved,

That—
  • (a) the small companies rate for the financial year 1988 shall be 25 per cent.; and
  • (b) the fraction mentioned in section 13(2) of the Income and Corporation Taxes Act 1988, and in section 95(2) of the Finance Act 1972, shall be one fortieth.—[Mr. Lawson.]