PART 1Income tax
Charge and principal rates etc
1Income tax charge and rates for 2016-17
1
Income tax is charged for the tax year 2016-17.
2
For that tax year—
a
the basic rate is 20%,
b
the higher rate is 40%, and
c
the additional rate is 45%.
Income tax is charged for the tax year 2016-17.
For that tax year—
the basic rate is 20%,
the higher rate is 40%, and
the additional rate is 45%.