Finance Act 2008

33(1)Section 989 (definitions) is amended as follows.

(2)In the definition of “basic rate limit”, for “20(2)” substitute “10”.

(3)Omit the definition of “savings rate”.

(4)For the definitions of “starting rate” and “starting rate limit” substitute—

“starting rate for savings” has the meaning given by section 7,

“starting rate limit for savings” has the meaning given by section 12,.