9 Welsh basic, higher and additional rates of income tax
Wales Act 2014 (2014 c 29) | Legislation

9  Welsh basic, higher and additional rates of income tax

(1)     The Income Tax Act 2007 is amended in accordance with subsections (2) to (11).

(2)     In section 6 (the basic rate, higher rate and additional rate), in subsection (3), before paragraph (a) insert—

“(zb)     section 6B (Welsh basic, higher and additional rates),”.

(3)     Before section 7 insert—

“6B The Welsh basic, higher and additional rates

(1)     The Welsh basic rate, the Welsh higher rate and the Welsh additional rate for a tax year are calculated as follows.

Step 1

Take the basic rate, higher rate or additional rate.

Step 2

Deduct 10 percentage points.

Step 3

Add the Welsh rate (if any) set by the National Assembly for Wales for that year for the purpose of calculating the Welsh basic rate, the Welsh higher rate or the Welsh additional rate (as the case may be).

(2)     For provision about the setting of the Welsh rates, see Chapter 2 of Part 4A of the Government of Wales Act 2006.”

(4)     In section 10 (income charged at the basic, higher and additional rates: individuals), in subsection (4), at the appropriate place, insert—

“s𳦳پDz

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