48 Reduction in rate of supplementary charge
Finance Act 2015 (2015 c 11) | Legislation

48  Reduction in rate of supplementary charge

(1)     In section 330 of CTA 2010 (supplementary charge in respect of ring fence trades), in subsection (1), for “32%” substitute “20%”.

(2)     The amendment made by subsection (1) has effect in relation to accounting periods beginning on or after 1 January 2015 (but see also subsection (3)).

(3)     Subsections (4) to (6) apply where a company has an

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