Examples of Scottish basic rate in a sentence
The Treasury shall, no later than one year after the date on which this Act is passed, publish and lay before the House of Commons a review of the implementation of the Scottish basic rate and any other income tax rates for the purposes of section 11A of the Income Tax Act 2007.
Tax on such payments will be paid by the Association, as previously agreed by the Management Committee, and will be based on the Scottish basic rate of income tax.
But, if the assessment period is less than a year, the earnings to which the basic rate, or the Scottish basic rate, of tax is to be applied and the amount of the personal reliefs deductible under this paragraph must be calculated on a pro rata basis.
Where used, it is recommended that the optional mowing strip extend 0.6 m from the edge of paved shoulder for weak post systems and 0.7 m for heavy post, blocked out systems.
This link will be broken if the UK basic rate is applied to all donations, in the event that a Scottish basic rate of income tax varies from the UK basic rate.
In the run up to the implementation of the Scottish Rate of Income Tax (SRIT) from 1 April 2016, HMRC has had to consider whether arrangements for reclaiming gift aid were adjusted to cope with both the Scottish basic rate of income tax and the UK basic rate of income tax.
But, if the assessment period is less than a year, the earnings to which the basic rate or in the case of a Scottish taxpayer, the Scottish basic rate of tax is to be applied and the amount of the personal reliefs deductible under thisparagraph must be calculated on a pro rata basis.
Subsection (13) updates the definition provision in ITA to reflect the changes made by clause 12 and this clause by omitting the definitions of Scottish higher rate and Scottish additional rate, amending the definition of Scottish basic rate to refer to the Scottish basic rate set by a Scottish rate resolution, and inserting definitions of Scottish rate and Scottish rate resolution.
The UK legislation is therefore being adjusted to recognise that anything not Scottish basic rate does not necessarily mean the higher or additional rate equivalents apply.Secondary legislation has been drafted to recognise within UK taxation the tiered approach to what would otherwise be the Scottish basic rate by the Scottish Government.
Because of their higher reactivities, bifunctional monomers containing two reactive groups can be used for the preparation of functional (co)polymers.