# Finance Act 2004, Section 27: Corporation tax starting rate and fraction for financial year 2004


For the financial year 2004—
(a) the corporation tax starting rate shall be 0%, and
(b) the fraction mentioned in section 13AA of the Taxes Act 1988 (marginal relief for small companies) shall be 19/400ths.

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Source: https://www.legislation.gov.uk/ukpga/2004/12/section/27 (the official version)
Page: https://openlegislation.uk/finance-act-2004/section-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.