Corporation Tax

	Year to 31.3.2009	31.3.2008
Main rate	28%	30%
Profits above	£1.5m	£1.5m
Small companies rate	21%	20%
Profits upto	£300k	£300k
Small/large marginal band	£300k - £1.5m	£300k - £1.5m
Fraction (effective rate)	7/400 (29.75%)	1/40 (32.5%)