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Corporation Tax


  Year to 31.3.2012 31.3.2011
 
Main rate 26% 28%
Profits above £1.5m £1.5m
 
Small companies rate 20% 21%
Profits up to £300k £300k
 
Small/large marginal band £300k - £1.5m £300k - £1.5m
Fraction (effective rate) 3/200 (27.50%) 7/400 (29.75%)

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