Section 1 Income tax charge and rates for 2016-17
(1)
Income tax is charged for the tax year 2016-17.
(2)
For that tax year—
(a)
the basic rate is 20%,
(b)
the higher rate is 40%, and
(c)
the additional rate is 45%.
Income tax is charged for the tax year 2016-17.
For that tax year—
the basic rate is 20%,
the higher rate is 40%, and
the additional rate is 45%.