CTM20065 | ACT: General: Rate of ACT
From HM Revenue & Customs · Company Taxation Manual
The rate of ACT was expressed as a fraction of the amount or value of the qualifying distribution, .
Where the rate of ACT for any financial year differed from that for the preceding year, see onwards.
Table of ACT rates
| Period or financial year | Fraction | Statutory provision |
|---|---|---|
| 6 April 1973 to 31 March 1974 | 3/7 | FA72/S84 (2) |
| 1974 | 33/67 | FA74/S12 |
| 1975 | 35/65 | F(2)A75/S28 |
| 1976 | 35/65 | FA76/S26 |
| 1977 | 34/66 | FA77/S19 |
| 1978 | 33/67 | FA78/S16 |
| 1979 | 3/7 | F(2)A79/S6 |
| 1980 | 3/7 | FA80/S20 |
| 1981 | 3/7 | FA81/S21 |
| 1982 | 3/7 | FA82/S22 |
| 1983 | 3/7 | FA83/S12 |
| 1984 | 3/7 | FA84/S19 |
| 1985 | 3/7 | FA85/S35 |
| 1986 | 29/71 | FA86/S17 |
| 1987 | 27/73 | FA86/S17 |
| 1988 | 25/75 | ICTA88/S14 (3) |
| 1989 | 25/75 | ICTA88/S14 (3) |
| 1990 | 25/75 | ICTA88/S14 (3) |
| 1991 | 25/75 | ICTA88/S14 (3) |
| 1992 | 25/75 | ICTA88/S14 (3) |
| 1993 | 9/31 | ICTA88/S14 (3) |
| 1994 | 1/4 | ICTA88/S14 (3) |
| 1995 | 1/4 | ICTA88/S14 (3) |
| 1996 | 1/4 | ICTA88/S14 (3) |
| 1997 | 1/4 | ICTA88/S14 (3) |
| 1998 | 1/4 | ICTA88/S14 (3) |