Background Note
4.Finance Act 2014 sets the basic rate limit at £31,785 for 2015-16. Finance Act 2015 sets the basic rate limit at £31,900 for 2016-17 and £32,300 for 2017-18.
4.Finance Act 2014 sets the basic rate limit at £31,785 for 2015-16. Finance Act 2015 sets the basic rate limit at £31,900 for 2016-17 and £32,300 for 2017-18.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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