marginal relief

marginal relief
The corporation tax rate is tapered between the small companies rate at 22.5 per cent for companies with profits between ₤10,000 and ₤50,000 and at 32.5 per cent for companies with profits above ₤300,000 but below ₤1,500,00 for year 2000/01

Easyform Glossary of Law Terms. — UK law terms.

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  • marginal relief — small companies relief In the UK, relief available when the profits chargeable to corporation tax of a company fall between the upper and lower limits for the financial year (currently between £300,000 and £1,500,000). Since 1999 marginal relief… …   Accounting dictionary

  • marginal relief — small companies relief In the UK, relief available when the profits chargeable to corporation tax of a company fall between the upper and lower limits for the financial year (currently between £300, 000 and £1, 500, 000). Since 1999 marginal… …   Big dictionary of business and management

  • marginal relief — slight easement, minor relief …   English contemporary dictionary

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