Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 1 U.K. Abolition of starting and savings rates and creation of starting rate for savings

Part 2 U.K. Other amendments

ITTOIA 2005 U.K.

51 U.K. In section 465A(1)(b) (gains from contracts for life insurance etc: amounts for which individuals liable to be treated as highest part of total income), for “savings rate” substitute “ basic rate ”.