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Legislation
Finance Act 2008

Crossheading Income tax

  • Section 1 Charge and main rates for 2008-09
  • Section 2 Personal allowance for those aged under 65
  • Section 3 Personal allowances for those aged 65 and over
  • Section 4 Basic rate limit
  • Section 5 Abolition of starting and savings rates and creation of starting rate for savings
  1. Income tax
  2. Charge and main rates for 2008-09

Section 1 | Charge and main rates for 2008-09

From legislation.gov.uk

(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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