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Changes over time for: Section 1
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No versions valid at: 19/03/2008
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Point in time view as at 19/03/2008. This version of this provision is not valid for this point in time.
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Finance Act 2008, Section 1 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Valid from 21/07/2008
1Charge and main rates for 2008-09U.K.
(1)Income tax is charged for the tax year 2008-09.
(2)For that tax year—
(a)the basic rate is 20%, and
(b)the higher rate is 40%.
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