The Scottish Rates of Income Tax (Consequential Amendments) Order 2021

• Citation: S.I. 2021/190
• Sections: 2

Section 1 Citation, commencement and effect

(1) This Order may be cited as the Scottish Rates of Income Tax (Consequential Amendments) Order 2021 and comes into force on the day after the day on which it is made.

(2) The amendments made by this Order have effect in relation to the tax year commencing on 6th April 2020 and subsequent tax years.

Section 2 Amendment to the Finance (No.2) Act 2005

In section 7(5A)(c) of the Finance (No. 2) Act 2005 (charge to income tax on lump sum) for the words after “that tax year that” substitute “would be applicable to an amount of income that is equal to P’s Step 3 income for that year if such amount were wholly chargeable to income tax at Scottish rates”.