7The starting rate for savings [F1and savings nil rate] U.K.
This section has no associated Explanatory Notes
[F2(1)]The starting rate for savings is 0%.
[F3(2)The savings nil rate is 0%]
Textual Amendments
F1Words in s. 7 heading inserted (with effect for the tax year 2016-17 and subsequent years) by Finance Act 2016 (c. 24), s. 4(3)(c)(17)
F2S. 7 renumbered as s. 7(1) (with effect for the tax year 2016-17 and subsequent years) by Finance Act 2016 (c. 24), s. 4(3)(a)(17)
F3S. 7(2) inserted (with effect for the tax year 2016-17 and subsequent years) by Finance Act 2016 (c. 24), s. 4(3)(b)(17)