# Finance Act 1999, Section 29: Rate and fraction for corporation tax starting rate.


For the financial year 2000—
(a) the corporation tax starting rate shall be 10 per cent.; and
(b) the fraction mentioned in section 13AA(3) of the Taxes Act 1988 shall be one fortieth.

---
Source: https://www.legislation.gov.uk/ukpga/1999/16/section/29 (the official version)
Page: https://openlegislation.uk/finance-act-1999/section-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.