Part 1Charges, rates, thresholds etc
Income tax
1Charge and rates for 2007-08
Income tax is charged for the tax year 2007-08; and for that tax year—
(a)
the starting rate is 10%,
(b)
the basic rate is 22%, and
(c)
the higher rate is 40%.
Income tax is charged for the tax year 2007-08; and for that tax year—
the starting rate is 10%,
the basic rate is 22%, and
the higher rate is 40%.