Finance Act 2009 (c. 10)

Part 1 U.K. Charges, rates, allowances, etc

Income tax U.K.

2 Basic rate limit for 2009-10 U.K.

(1) For the tax year 2009-10 the amount specified in section 10(5) of ITA 2007 (basic rate limit) is replaced with “£37,400”.

(2) Accordingly, section 21 of that Act (indexation of limits), so far as relating to the basic rate limit, does not apply for that tax year.