Finance Act, 1997
View PDF
View Full Act
Legislation Directory Entry
|
FIRST SCHEDULE Amendments Consequential on Changes in Personal Reliefs |
||
|
1. The Income Tax Act, 1967 , is hereby amended in accordance with the following provisions: |
||
|
(a) in section 138 (inserted by the Finance Act, 1980 )— |
||
|
(i) in paragraph (a) (inserted by the Finance Act, 1996 ), by the substitution of “£5,800” for “£5,300”, |
||
|
(ii) in paragraph (b)(as amended by the Finance Act, 1988 ), by the substitution of “£3,400” and “£5,800”, respectively, for “£3,150” and “£5,300” (inserted by the Finance Act, 1996 ), and |
||
|
(iii) in paragraph (c), by the substitution of “£2,900” for “£2,650” (inserted by the Finance Act, 1996 ), |
||
|
and |
||
|
(b) in subsection (2) of section 138A (inserted by the Finance Act, 1985 ), by the substitution of “£2,400” and “£2,900”, respectively, for “£2,150” and “£2,650” (inserted by the Finance Act, 1996 ). |
||
|
2. Section 8 of the Finance Act, 1974 , is hereby amended, in subsection (1), by the substitution of “£800” for “£400” (inserted by the Finance Act, 1986 ) and of “£400” for “£200” (inserted by the Finance Act, 1986 ). |