Finance Act 2014

8Annual exempt amount for 2014-15U.K.
This adran has no associated Nodiadau Esboniadol

(1)For the tax year 2014-15 the amount specified in section 3(2) of TCGA 1992 (annual exempt amount) is replaced with “ £11,000 ”.

(2)Accordingly section 3(3) of that Act (indexation of annual exempt amount) does not apply for that tax year.