Search Legislation

Advanced Search

Finance Act 2015

Details of the Section

2.Subsection (1) sets the amount of the personal allowance for 2016-17 and 2017-18.

3.Subsection (2) disapplies the indexation provisions.

4.Subsection (4) removes the date of birth qualification for the personal allowance provided by section 35 of the Income Tax Act 2007.

5.Subsection (5) omits the personal allowance for those born before 6 April 1938.

6.Subsections (6) to (10) remove references to the personal allowance for those born before 6 April 1938.

7.Subsection (11) provides that the amendments made by subsections (3) to (10) have effect for the 2016-17 tax year and subsequent tax years.

Back to top

Options/Help

Print Options

Close

Explanatory Notes

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.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources