Part 2Basic provisions

Chapter 2Rates at which income tax is charged

The rates

6BF1The Welsh basic, higher and additional rates

1

The Welsh basic rate, the Welsh higher rate and the Welsh additional rate for a tax year are calculated as follows.

  • Step 1 Take the basic rate, higher rate or additional rate.

  • Step 2 Deduct 10 percentage points.

  • Step 3 Add the Welsh rate (if any) set by the National Assembly for Wales for that year for the purpose of calculating the Welsh basic rate, the Welsh higher rate or the Welsh additional rate (as the case may be).

2

For provision about the setting of the Welsh rates, see Chapter 2 of Part 4A of the Government of Wales Act 2006.