Part 1 Amendments of ITA 2007
Finance Act 2009 (2009 c 10) | Legislation

SCHEDULE 2 Income Tax Rates

Section 6

Part 1 Amendments of ITA 2007

1

ITA 2007 is amended as follows.

2

(1)     Section 6 (rates of income tax) is amended as follows.

(2)     In subsection (2), for “and higher rate†substitute “, higher rate and additional rateâ€.

(3)     In the heading, for “and higher rate†substitute “, higher rate and additional rateâ€.

3

(1)     Section 8 (dividend ordinary rate and dividend upper rate) is amended as follows.

(2)     Insert at the end—

“(3)     The dividend additional rate is 42.5%.â€

(3)     In the heading, for “and dividend upper rate†substitute “, dividend

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