Section 7: The savings rate
41.This section sets out the savings rate of income tax. It is based on section 1A(1B) of ICTA.
42.The “savings rate” is a new name for what is called “the lower rate” in the source legislation.
41.This section sets out the savings rate of income tax. It is based on section 1A(1B) of ICTA.
42.The “savings rate” is a new name for what is called “the lower rate” in the source legislation.
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