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Clause 1 — Main rate of corporation tax for financial year 2011

Part of Finance Bill – in the House of Commons at 5:45 pm on 12th July 2010.

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Photo of Gavin Williamson Gavin Williamson Conservative, South Staffordshire 5:45 pm, 12th July 2010

The hon. Gentleman makes an interesting point, although more people becoming incorporated as limited companies will reduce the amount of tax avoidance from which people could perhaps benefit as sole traders.

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