2014 No. 402
Income Tax
The Income Tax (Earnings and Pensions) Act 2003 (Amendment to SAYE Option Schemes Contributions Limit) Order 2014
Made
Laid before the House of Commons
Coming into force
The Treasury make the following Order in exercise of the power conferred by paragraph 25(4) of Schedule 3 to the Income Tax (Earnings and Pensions) Act 20031.
Citation, commencement and effect1
1
This Order may be cited as the Income Tax (Earnings and Pensions) Act 2003 (Amendment to SAYE Option Schemes Contributions Limit) Order 2014 and comes into force on 19th March 2014.
2
This Order has effect from 6th April 2014.
Increase in the contributions limit for SAYE option schemes2
1
The Income Tax (Earnings and Pensions) Act 2003 is amended as follows.
2
In Schedule 3, in paragraph 25(3)(a)2 for “£250” substitute “£500”.
Sam GyimahAnne MiltonTwo of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Order)