SCHEDULES

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

Part 1 U.K.Amendments of ITA 2007

8 (1) Section 17 (repayment: tax paid at basic rate instead of starting rate or savings rate) is amended as follows. U.K.

(2) In subsection (1), for “starting or savings rate” substitute “ starting rate for savings ”.

(3) Accordingly, in the heading, for “starting or savings rate” substitute “ starting rate for savings ”.