Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 1 Abolition of starting and savings rates and creation of starting rate for savings

Part 2 Other amendments

ITTOIA 2005

59 In section 669(3)(a)(i) (reduction in residuary income: inheritance tax on accrued income), for “, at the savings rate” substitute “of an amount not exceeding the starting rate limit for savings, at the starting rate for savings”.