Finance Act, 1994

Amendment of section 12 (relief for health expenses) of Finance Act, 1967.

8.—As respects the year of assessment 1994-95 and subsequent years of assessment, section 12 of the Finance Act, 1967 , is hereby amended, in subsection (2), by the substitution—

(a) in paragraph (a), of “£100” for “£50”, and

(b) in paragraph (c) (inserted by the Finance Act, 1969 ), of “£200” for “£100” in both places where it occurs,

and the said paragraphs (a) and (c), as so amended, are set out in the Table to this section.

TABLE

(a) Subject to the provisions of this section, where an individual, having made a claim in that behalf and having made a return in the prescribed form of his total income, proves that in the year of assessment he defrayed health expenses which were incurred for the provision of health care for any one qualified person and the amount of which in the aggregate exceeds £100, he shall be entitled, for the purpose of ascertaining the amount of the income on which he is to be charged to income tax, to have a deduction of the amount of the excess made from his total income.

(c) Where an individual, having made a claim in that behalf and having made a return in the prescribed form of his total income, proves that in the year of assessment he defrayed health expenses which were incurred for the provision of health care for qualified persons and which amount in the aggregate to more than £200, he shall be entitled, for the purpose of ascertaining the amount of the income on which he is to be charged to income tax, to have a deduction of the amount by which the aggregate of the health expenses so computed exceeds £200 made from his total income and such deduction shall be in substitution for and not in addition to a deduction under paragraph (a).