Income Tax Act 2007 (c. 3)

Part 2 U.K. Basic provisions

Chapter 2 U.K. Rates at which income tax is charged

The rates U.K.

8 The [F1 dividend nil rate,] dividend ordinary rate[F2 , dividend upper rate and dividend additional rate] U.K.

[F3 (A1) The dividend nil rate is 0%.]

(1) The dividend ordinary rate is [F4 7.5%].

(2) The dividend upper rate is 32.5%.

[F5 (3) The dividend additional rate is [F6 38.1%].]

Textual Amendments

F1 Words in s. 8 heading inserted (with effect for the tax year 2016-17 and subsequent years) by Finance Act 2016 (c. 24), s. 5(3)(a)(10)

F2 Words in s. 8 heading substituted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 3(3)

F3 S. 8(A1) inserted (with effect for the tax year 2016-17 and subsequent years) by Finance Act 2016 (c. 24), s. 5(3)(b)(10)

F4 Word in s. 8(1) substituted (with effect for the tax year 2016-17 and subsequent years) by Finance Act 2016 (c. 24), s. 5(3)(c)(10)

F5 S. 8(3) inserted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 3(2)

F6 Word in s. 8(3) substituted (with effect for the tax year 2016-17 and subsequent years) by Finance Act 2016 (c. 24), s. 5(3)(d)(10)