2008 No. 709

Income Tax

The Income Tax (Indexation) (No. 2) Order 2008

Made

12th March 2008

The Treasury make the following Order in compliance with the duty imposed upon them by section 21(5) of the Income Tax Act 2007( 1 ).

Citation

1. This Order may be cited as the Income Tax (Indexation) Order 2008.

Indexation of rate limits for tax year 2008-09

2. The amounts specified in subsections (1) and (2) of section 20 of the Income Tax Act 2007 (the starting rate limit and the basic rate limit) are replaced for the tax year 2008-09 as follows—

(a) the starting rate limit is £2,320; and

(b) the basic rate limit is £36,000.

Alan Campbell

Dave Watts

Two of the Lords Commissioners of Her Majesty’s Treasury

12th March 2008

( 1 )

2007 c. 3 .

1. Citation

2. Indexation of rate limits for tax year 2008-09

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

The Income Tax (Indexation) (No. 2) Order 2008 (2008/709)

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