HC Deb 21 March 1988 vol 130 c129

Resolved, That—

  1. (a) the small companies rate for the financial year 1988 shall be 25 per cent.; and
  2. (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.]