Part 2Basic provisions

Chapter 2Rates at which income tax is charged

The rates

6The F1... basic rateF5, higher rate and additional rate

1

The main rates at which income tax is charged are—

F2a

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b

the basic rate, F6...

c

the higher rateF7, and

d

the additional rate.

2

The F3... basic rateF9 , higher rate and additional rate for a tax year are the rates determined as such by Parliament for the tax year.

3

For other rates at which income tax is charged see—

F4a

section 7 (starting rate for savings),

b

section 8 (dividend ordinary rateF8, dividend upper rate and dividend additional rate), and

c

section 9 (trust rate and dividend trust rate).