Section 3 — Corporation Tax Act 2010: Corporation tax rates

Corporation tax rates 3 1 Corporation tax is charged at the rate set by Parliament for the financial year as the main rate.

2 Subsection (1) is subject to—

a section 18A (which provides for tax to be charged at the standard small profits rate instead of the main rate in certain cases),

and b any other provision of the Corporation Tax Acts which provides for corporation tax to be charged at a different rate.