Income Tax Act 2007 section 6C

The default basic, higher and additional rates

Section 6C establishes that Parliament determines the default basic, higher and additional rates of income tax for each tax year.

• Parliament sets three default rates of income tax each tax year: basic, higher and additional
• These are referred to as the "default" rates, distinguishing them from any varied rates that may apply in Scotland or Wales
• The rates apply for a specific tax year as determined by Parliament
• This section was introduced by the Finance Act 2016 in connection with the devolution of income tax rate-setting powers to Scotland