Indexation: miscellaneousU.K.
F1106 Earnings cap etc: no indexation in 1993-94.U.K.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1S. 106 repealed (6.4.2006) by Finance Act 2004 (c. 12), Sch. 42 Pt. 3 (with Sch. 36)
107 Indexation of allowances etc. for 1994-95 onwards.U.K.
(1)The Taxes Act 1988 shall be amended as mentioned in subsections (2) to (6) below.
F2(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)In section 257C—
F3(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)subsection (2) (no change required for PAYE before 18th May) shall be omitted.
F4(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8)This section shall have effect for the year 1994-95 and subsequent years of assessment.
Textual Amendments
F2S. 107(2) repealed (31.1.2013) by Statute Law (Repeals) Act 2013 (c. 2), s. 3(2), Sch. 1 Pt. 10 Group 1
F3S. 107(3)(a) omitted (with effect in accordance with Sch. 1 para. 7 of the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 1 para. 6(e)
F4S. 107(4)-(7) repealed (6.4.2006) by Finance Act 2004 (c. 12), Sch. 42 Pt. 3 (with Sch. 36)