PART 1 U.K.Income tax
Charge and principal rates etcU.K.
1Income tax charge and rates for 2016-17U.K.
(1)Income tax is charged for the tax year 2016-17.
(2)For that tax year—
(a)the basic rate is 20%,
(b)the higher rate is 40%, and
(c)the additional rate is 45%.