Finance Act, 1998
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Amendment of section 463 (special allowance for widowed parent following death of spouse) of Principal Act. |
5.—As respects the year of assessment 1998-99 and subsequent years of assessment, section 463 of the Principal Act is hereby amended by the substitution of the following subsection for subsection (2): | |
“(2) Where a claimant proves, in relation to any of the 5 years of assessment immediately following the year of assessment in which the claimant's spouse dies, that— | ||
(a) he or she has not remarried before the commencement of the year, and | ||
(b) a qualifying child is resident with him or her for the whole or part of the year, | ||
the claimant shall, in respect of each of the years in relation to which the claimant so proves, be entitled, in computing the amount of his or her taxable income, to have a deduction made from his or her total income as follows— | ||
(i) for the first of those 5 years, £5,000, | ||
(ii) for the second of those 5 years, £4,000, | ||
(iii) for the third of those 5 years, £3,000, | ||
(iv) for the fourth of those 5 years, £2,000, and | ||
(v) for the fifth of those 5 years, £1,000; | ||
but this section shall not apply for any year of assessment in the case of a man and woman living together as man and wife.”. |