The Income Tax (Indexation) Order 2016
This Order fulfils the indexation requirement in section 57 of the Income Tax Act 2007(c. 3) that certain allowances and limits are increased by reference to the Consumer Prices Index. These increases have effect for the 2017-18 tax year.
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Lifecycle
Department
Made
05 Dec 2016
—
Comes into force
TBC
Enabling power
The Treasury, in exercise of the powers conferred by section 57(6) of the Income Tax Act 2007, make the following Order:
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