Orders of the Day — 25. Corporation Tax (Small Companies)

– in the House of Commons at 9:29 pm on 19 March 1984.

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Motion made, and Question,That—

  1. (1) the small companies rate for the financial year 1983 shall be 30 per cent.; and
  2. (2) the fraction by reference to which corporation tax charged on income is reduced under section 95(2) of the Finance Act 1972 shall for that financial year be one-twentieth.—[Mr. Lawson.]

put forthwith pursuant to Standing Order No. 114 (Ways and Means motions), and agreed to.