14. Income Tax (Charge and Rates for 1976–77)

Part of Budget Resolutions and Economic Situation – in the House of Commons at 12:00 am on 12th April 1976.

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TABLE
Part of excess over £4,500Higher rate
The first £50040 per cent.
The next £1,00045 per cent.
The next £1,00050 per cent.
The next £1,00055 per cent.
The next £2,00060 per cent.
The next £2,00065 per cent.
The next £3,00070 per cent.
The next £5,00075 per cent.
The remainder83 per cent.
And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.—[Mr. Healey.]