Part II Income Tax, Corporation Tax and Capital Gains Tax
Chapter I General
Miscellaneous
82 Settlements: child’s income.
1
In section 663 of the Taxes Act 1988 (child’s income treated as settlor’s) in subsection (4) (exception for income not exceeding £5) for “£5” there shall be substituted “£100”.
2
This section shall have effect for the year 1991-92 and subsequent years of assessment.