Finance Act, 1998
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SCHEDULE 1 Amendments Consequential on Changes in Personal Reliefs | ||
As respects the year of assessment 1998-99 and subsequent years of assessment, the Taxes Consolidation Act, 1997 , is hereby amended in accordance with the following provisions: | ||
(a) in section 461— | ||
(i) in paragraph (a), by the substitution of “£6,300” for “£5,800”, | ||
(ii) in paragraph (b), by the substitution of “£3,650” and “£6,300”, respectively, for “£3,400” and “£5,800”, and | ||
(iii) in paragraph (c), by the substitution of “£3,150” for “£2,900”, | ||
(b) in subsection (2) of section 462, by the substitution of “£2,650” and “£3,150”, respectively, for “£2,400” and “£2,900”, | ||
(c) in section 465, by the substitution of “£800” for “£700” in each place where it occurs, | ||
(d) in subsection (1) of section 467, by the substitution of “£8,500” for “£7,500” in each place where it occurs, | ||
and | ||
(e) in subsection (2) of section 468, by the substitution of “£1,000” for “£700” in each place where it occurs and of “£2,000” for “£1,600”. |