PART 1Principal rates etc

Personal allowance and basic rate limit for income tax

6Basic rate limit from 2016

In section 4(1) of FA 2015 (basic rate limit from 2016)—

(a)

in paragraph (a) (basic rate limit for 2016-17), for ““£31,900”” substitute ““£32,000””, and

(b)

in paragraph (b) (basic rate limit for 2017-18), for ““£32,300”” substitute ““£32,400””.