division_name: 6. Corporation Tax (Small Companies' Rates and Fractions for Financial Year 2009)
motion: <p class="italic" pid="c.807.1/1" pwmotiontext="yes"> Question put,</p>
  
  <p pid="c.807.1/2" pwmotiontext="yes">That&#8212;</p>
  
  <p pid="c.807.1/3" pwmotiontext="yes">(1) For the financial year 2009 the small companies' rate is&#8212;</p>
  
  <p pid="c.807.1/4" pwmotiontext="yes">(a) 21% on profits of companies other than ring fence profits, and</p>
  
  <p pid="c.807.1/5" pwmotiontext="yes">(b) 19% on ring fence profits of companies.</p>
  
  <p pid="c.807.1/6" pwmotiontext="yes">(2) For the financial year 2009 the fraction mentioned in section 13(2) of the Income and</p>
  
  <p pid="c.807.1/7" pwmotiontext="yes">Corporation Taxes Act 1988 is&#8212;</p>
  
  <p pid="c.807.1/8" pwmotiontext="yes">(a) 7/400ths in relation to profits of companies other than ring fence profits ("the standard fraction"), and</p>
  
  <p pid="c.807.1/9" pwmotiontext="yes">(b) 11/400ths in relation to ring fence profits of companies ("the ring fence fraction").</p>
  
  <p pid="c.807.1/10" pwmotiontext="yes"><i> The House divided:</i> Ayes 301, Noes 243.</p>