Section 1 Charge and main rates for 2008-09
(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%.
Income tax is charged for the tax year 2008-09.
For that tax year—
the basic rate is 20%, and
the higher rate is 40%.