Part II Income Tax, Corporation Tax and Capital Gains Tax
Chapter I General
Indexation: miscellaneous
107 Indexation of allowances etc. for 1994-95 onwards.
(1)
The Taxes Act 1988 shall be amended as mentioned in subsections (2) to (6) below.
F1(2)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)
In section 257C—
F2(a)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)
subsection (2) (no change required for PAYE before 18th May) shall be omitted.
F3(4)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(5)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(6)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(7)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8)
This section shall have effect for the year 1994-95 and subsequent years of assessment.