OrbitaxFinance Act 2011 receives Royal Assent
|Approved Changes|United Kingdom
The Finance Act 2011 received Royal Assent on 19 July 2011. The main tax provisions of the Act include the following:
| - | provisions confirming that, for financial year 2011, the main rate of corporation tax will be reduced to 26%); | |
| - | provision that, for financial year 2012, the main rate of corporation tax will be 25%, and, for ring fence profits… |