SCHEDULES
SCHEDULE 1Abolition of starting and savings rates and creation of starting rate for savings
Part 2Other amendments
ITTOIA 2005
54
1
Section 530 (gains from contracts for life insurance etc: income tax treated as paid) is amended as follows.
2
In subsection (1), for “savings rate” substitute “
basic rate
”
.
3
Omit subsection (6).