# Income Tax Act 2007, Section 515: Rate of tax

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

Tax is charged under section 512 at the rate found by—
(a) taking the additional rate for the tax year during which the charge arises, and
(b) reducing it by the trust rate for that year.

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/515 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-515
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.