Section 8 Scottish and Welsh property rates set by Scottish Parliament and SeneddI1 I2

United Kingdom

(1)

Schedule 2 makes provision for Scottish and Welsh property rates to be set by the Scottish Parliament and Senedd Cymru.

(2)

This section and that Schedule come into force on such day as the Treasury may by regulations appoint.

(3)

The amendments made by this section and that Schedule have effect in relation to—

(a)

the tax year appointed by the Treasury by regulations, and

(b)

subsequent tax years.

(4)

The tax year appointed under subsection (3)—

(a)

must be a tax year after the tax year 2026-27, and

(b)

must begin on or after the day appointed under subsection (2).

(5)

Regulations under this section may appoint different days for different purposes.

(6)

For further provision about regulations under this section, see section 1014(1), (3) and (6)(b) of ITA 2007.

Annotations

I1: S. 8 not in force at Royal Assent, see s. 8(2)-(5)
I2: S. 8 in force at 16.9.2026 for the tax year 2027-28 and subsequent tax years by S.I. 2026/1023, reg. 2