Clause 32 - Corporation tax starting rate and fraction for financial year 2002

Part of Finance Bill – in a Public Bill Committee at 4:00 pm on 16th May 2002.

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Photo of Mark Field Mark Field Conservative, Cities of London and Westminster 4:00 pm, 16th May 2002

In view of the Paymaster General's profound statements about encouraging growth and targeting measures at entrepreneurs, will she tell us at what level of profits she wants businesses to incorporate. Presumptions have been made in the Red Book and we would be interested to have a broad view of the matter.