# Finance Act 2020, Section 5: Main rate of corporation tax for financial year 2020


(1) For the financial year 2020 the main rate of corporation tax is 19%.
(2) Accordingly, omit section 7(2) of F(No.2)A 2015 (which is superseded by the provision made by subsection (1)).

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Source: https://www.legislation.gov.uk/ukpga/2020/14/section/5 (the official version)
Page: https://openlegislation.uk/finance-act-2020/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.