SCHEDULES

SCHEDULE 38Scottish basic, higher and additional rates of income tax

PART 1Amendments of ITA 2007

3

After section 6 insert—

6AThe Scottish basic, higher and additional rates

1

The Scottish basic rate, the Scottish higher rate and the Scottish additional rate for a tax year are calculated as follows.

  • Step 1 Take the basic rate, higher rate or additional rate.

  • Step 2 Deduct 10 percentage points.

  • Step 3 Add the Scottish rate (if any) set by the Scottish Parliament for that year.

2

For provision about the setting of the Scottish rate, see Chapter 2 of Part 4A of the Scotland Act 1998.