[11D Income charged at the savings basic, higher and additional rates]
Income Tax Act 2007 (2007 c 3) | Legislation

[11D  Income charged at the savings basic, higher and additional rates]

[(1)     Income tax is charged at the savings basic rate on an individual's income which—

(a)     is saving income, and

(b)     would otherwise be charged at the basic rate or the default basic rate.

(2)     Income tax is charged at the savings higher rate on an individual's income which—

(a)     is savings income, and

(b)     would otherwise be charged at the higher

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