Finance Act 2018 (c. 3)

PART 1 U.K. Direct taxes

Income tax: rates and allowances U.K.

3 Main rates of income tax for tax year 2018-19 U.K.

For the tax year 2018-19 the main rates of income tax are as follows—

(a) the basic rate is 20%;

(b) the higher rate is 40%;

(c) the additional rate is 45%.