http://www.legislation.gov.uk/uksi/2008/3159/regulation/25/madeThe Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008Income taxTaxInvestmentCapital gains taxIncomeenKing's Printer of Acts of Parliament2018-03-02INCOME TAXCORPORATION TAXCAPITAL GAINS TAXSTAMP DUTY RESERVE TAXThese Regulations amend the Authorised Investment Fund (Tax) Regulations 2006 (S.I. 2006/964) (“the principal Regulations”). These Regulations come into force on 1st January 2009.25Amendment of regulation 69Z23
Regulation 69Z23 (deduction of tax from PAIF distributions (interest)) is amended as follows—
a
in paragraph (1) for “savings rate” substitute “basic rate”; and