Amendment to the Finance (No.2) Act 20052
In section 7(5A)(c) of the Finance (No. 2) Act 20053 (charge to income tax on lump sum) for the words after “that tax year that” substitute “would be applicable to an amount of income that is equal to P’s Step 3 income4 for that year if such amount were wholly chargeable to income tax at Scottish rates”.