Part 3Income tax, corporation tax and capital gains tax
Chapter 1Income tax and corporation tax: charge and rate bands
Income tax
23Charge and rates for 2006-07
Income tax shall be charged for the year 2006-07, and for that year—
(a)
the starting rate shall be 10%;
(b)
the basic rate shall be 22%;
(c)
the higher rate shall be 40%.