# The Income Tax (Reduced and Composite Rate) Order 1989, Article 2


The Treasury hereby determine that the rate which, under the provisions of the said section 483, shall for the year 1990–91 be the reduced rate (for building societies) and the composite rate (for deposit-takers) shall be 22 per cent.

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Source: https://www.legislation.gov.uk/uksi/1989/2339/article/2 (the official version)
Page: https://openlegislation.uk/income-tax-reduced-and-composite-rate-order-1989/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.