# Finance Act 2026, Paragraph 35

Extent: E+W+S+N.I.

In section 989 (definitions), at the appropriate places insert—
““property additional rate” means the rate of income tax of that name determined pursuant to section 6D,”;
““property basic rate” means the rate of income tax of that name determined pursuant to section 6D,”;
““property higher rate” means the rate of income tax of that name determined pursuant to section 6D,”;
““property income” has the meaning given by section 17A,”;
““property trust rate” means the rate of income tax specified in section 9(1A),”;
““savings trust rate” means the rate of income tax specified in section 9(1B),”;
““Welsh property additional rate” means the rate of income tax of that name determined pursuant to section 6B(1A),”;
““Welsh property basic rate” means the rate of income tax of that name determined pursuant to section 6B(1A),”;
““Welsh property higher rate” means the rate of income tax of that name determined pursuant to section 6B(1A),”.

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Source: https://www.legislation.gov.uk/ukpga/2026/11/schedule/1/paragraph/35 (the official version)
Page: https://openlegislation.uk/finance-act-2026/schedule-1/paragraph-35
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.