HC Deb 23 March 1987 vol 113 c130

Resolved, That—

  1. (a) the small companies rate for the financial year 1987 shall be 27 per cent.; and
  2. (b) the fraction by reference to which corporation tax charged on income is reduced under section 95(2) of the Finance Act 1972 shall for that financial year be one fiftieth.—[Mr. Lawson.]