Finance Act 2017 (c. 10)

Part 1 U.K. Direct and indirect taxes

Income tax charge and rates U.K.

2 Main rates of income tax for tax year 2017-18 U.K.

For the tax year 2017-18 the main rates of income tax are as follows—

(a) the basic rate is 20%;

(b) the higher rate is 40%;

(c) the additional rate is 45%.