Section 11 Income charged at the default basic rate: non-individualsF6

United Kingdom

(1)

Income tax is charged at the F1default basic rate on the income of persons other than individuals.

(2)

This section is subject to—

F2...
F3section 11CC (income charged at the property basic rate: non-individuals),
section 11DA (income charged at the savings basic rate: non-individuals),
section 14 (income charged at the dividend ordinary rate: other persons),
Chapters 3 to F45 of Part 9 (which provide for some income of trustees to be charged at F5the property trust rate, the savings trust rate or the dividend trust rate or at the trust rate), and
any other provisions of the Income Tax Acts which provide for income of persons other than individuals to be charged at different rates of income tax in some circumstances.

Annotations

F1: Word in s. 11(1) inserted (30.11.2016 with effect in relation to tax year 2017-18 and subsequent tax years) by Finance Act 2016 (c. 24), s. 6(8)(b)(24); S.I. 2016/1161, regs. 2, 3
F2: Words in s. 11(2) omitted (21.7.2008 with effect in accordance with Sch. 1 para. 65 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 1 para. 4
F3: Words in s. 11(2) inserted (for the tax year 2027-28 and subsequent tax years) by Finance Act 2026 (c. 11), s. 6(8), Sch. 1 para. 7(a)
F4: Word in s. 11(2) substituted (6.4.2024 in relation to the tax year 2024-25 and subsequent tax years) by Finance (No. 2) Act 2023 (c. 30), Sch. 2 paras. 13(3)(b), 14(4)
F5: Words in s. 11(2) inserted (for the tax year 2027-28 and subsequent tax years) by Finance Act 2026 (c. 11), s. 6(8), Sch. 1 para. 7(b)
F6: Words in s. 11 heading substituted (30.11.2016 with effect in relation to tax year 2017-18 and subsequent tax years) by Finance Act 2016 (c. 24), s. 6(8)(a)(24); S.I. 2016/1161, regs. 2, 3