Income tax is charged at the F2default basic rate on the income of persons other than individuals.

This section is subject to—

• F3...

• F4section 11CC (income charged at the property basic rate: non-individuals),

• section 11DA (income charged at the savings basic rate: non-individuals),

• section 14 (income charged at the dividend ordinary rate: other persons),

• Chapters 3 to F55 of Part 9 (which provide for some income of trustees to be charged at F6the property trust rate, the savings trust rate or the dividend trust rate or at the trust rate), and

• any other provisions of the Income Tax Acts which provide for income of persons other than individuals to be charged at different rates of income tax in some circumstances.