SCHEDULES

SCHEDULE 1Abolition of starting and savings rates and creation of starting rate for savings

Part 2Other amendments

ITTOIA 2005

63

1

Schedule 4 (index of defined expressions) is amended as follows.

2

For the entry relating to “starting rate” substitute—

starting rate for savings

section 7 of ITA 2007 (as applied by section 989 of that Act)

starting rate limit for savings

section 12 of ITA 2007 (as applied by section 989 of that Act)

3

Omit the entry relating to “savings rate”.