10F1Income charged at the ... basic[F2, higher and additional] rates: individualsU.K.
F3(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
[F4(2)Income tax on an individual's income up to the basic rate limit is charged at the basic rate (except to the extent that, in accordance with section 12, it is charged at the starting rate for savings).]
(3)Income tax is charged at the higher rate on an individual's income above the basic rate limit [F5and up to the higher rate limit.]
[F6(3A)Income tax is charged at the additional rate on an individual's income above the higher rate limit.]
[F7(3B)If the individual is a Scottish taxpayer, the basic rate, higher rate and additional rate are—
(a)on so much of the individual's income as is savings income, the rates determined as such under section 6(2);
(b)on so much of the individual's income as is not savings income, the rates determined as such under section 6(2B).
(3C)Section 16 has effect for determining which part of a Scottish taxpayer's income consists of savings income.]
(4)This section is subject to—
F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
section 13 (income charged at the dividend ordinary and dividend upper rates: individuals), and
any other provisions of the Income Tax Acts which provide for income of an individual to be charged at different rates of income tax in some circumstances.
[F9(5)The basic rate limit is [F10£33,100 ].]
[F11(5A)The higher rate limit is £150,000.]
[F12(6)The basic rate limit [F13and higher rate limit are] increased in some circumstances: see—
(a)section 414(2) (gift aid relief), and
(b)section 192(4) of FA 2004 (relief for pension contributions).
(7)See section 21 for indexation of the basic rate limit.]
Textual Amendments
F1Word in s. 10 heading omitted (21.7.2008 with effect in accordance with Sch. 1 para. 65 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 1 para. 3(6)
F2Words in s. 10 heading substituted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 4(6)
F3S. 10(1) omitted (21.7.2008 with effect in accordance with Sch. 1 para. 65 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 1 para. 3(2)
F4S. 10(2) substituted (21.7.2008 with effect in accordance with Sch. 1 para. 65 of the amending Act) by Finance Act 2008 (c. 9), Sch. 1 para. 3(3)
F5Words in s. 10(3) inserted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 4(2)
F6S. 10(3A) inserted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 4(3)
F7S. 10(3B)(3C) inserted (1.7.2012) (with effect in accordance with s. 26(8) of the amending Act) by Scotland Act 2012 (c. 11), ss. 26(3), 44(2)(3)(a)
F8S. 10(4) entry omitted (21.7.2008 with effect in accordance with Sch. 1 para. 65 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 1 para. 3(4)
F9S. 10(5) substituted (21.7.2008 with effect in accordance with s. 4(2)(3) of the amending Act) by Finance Act 2008 (c. 9), s. 4(1)
F10Sum in s. 10(5) substituted (with effect in accordance with art. 2 of the amending S.I.) by The Income Tax (Indexation) Order 2013 (S.I. 2013/3088), art. 2(a)
F11S. 10(5A) inserted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 4(4)
F12S. 10(6)(7) inserted (21.7.2008 with effect in accordance with Sch. 1 para. 65 of the amending Act) by Finance Act 2008 (c. 9), Sch. 1 para. 3(5)
F13Words in s. 10(6) substituted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 4(5)