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StatuteFinance Act 2008

Section 3 — Finance Act 2008: Personal allowances for those aged 65 and over

Text of the provision Official document

Personal allowances for those aged 65 and over 3 1 For the tax year 2008-09—

a the amount specified in section 36(1) of ITA 2007 ... (personal allowance for those aged 65 to 74) is replaced with “ £9,030 ” , and b the amount specified in section 37(1) of ITA 2007 ... (personal allowance for those aged 75 and over) is replaced with “ £9,180 ” .

2 Accordingly—

a section 57 of ITA 2007, so far as relating to the amounts specified in sections 36(1) and 37(1) of that Act, ... b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (indexation) do not apply for the tax year 2008-09.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.