Finance Act 2022

Year2022
Finance Act 2022
CHAPTER 3
£34.20
Finance Act 2022
CHAPTER 3
CONTENTS
PART 1
INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAX
Income tax charge, rates etc
1 Income tax charge for tax year 2022-23
2 Main rates of income tax for tax year 2022-23
3 Default and savings rates of income tax for tax year 2022-23
4 Increase in rates of tax on dividend income
5 Freezing starting rate limit for savings for tax year 2022-23
Banking surcharge
6 Rate of surcharge and surcharge allowance
Trading and property income
7 Abolition of basis periods
8 Profits of property businesses: late accounting date rules
Pensions
9 Liability of scheme administrator for annual allowance charge
10 Increase of normal minimum pension age
11 Public service pension schemes: rectification of unlawful discrimination
Capital allowances
12 Extension of temporary increase in annual investment allowance
13 Structures and buildings allowances: allowance statements

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