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Contents

Legislation
Finance Act 2021

Crossheading Income tax charge, rates etc

  • Section 1 Income tax charge for tax year 2021-22
  • Section 2 Main rates of income tax for tax year 2021-22
  • Section 3 Default and savings rates of income tax for tax year 2021-22
  • Section 4 Starting rate limit for savings for tax year 2021-22
  • Section 5 Basic rate limit and personal allowance for future tax years
  1. Income tax charge, rates etc
  2. Main rates of income tax for tax year 2021-22

Section 2 | Main rates of income tax for tax year 2021-22

From legislation.gov.uk

For the tax year 2021-22 the main rates of income tax are as follows—

(a)the basic rate is 20%,

(b)the higher rate is 40%, and

(c)the additional rate is 45%.

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