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Legislation
Finance Act 2007

Crossheading Income tax

  • Section 1 Charge and rates for 2007-08
  1. Income tax
  2. Charge and rates for 2007-08

Section 1 | Charge and rates for 2007-08

From legislation.gov.uk

Income tax is charged for the tax year 2007-08; and for that tax year—

(a)the starting rate is 10%,

(b)the basic rate is 22%, and

(c)the higher rate is 40%.

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