2005 No. 716
INCOME TAX
The Income Tax (Indexation) Order 2005
Made
The Treasury, in exercise of the powers conferred upon them by section 1(6) of the Income and Corporation Act 19881 make the following Order:
Citation1
This Order may be cited as the Income Tax (Indexation) Order 2005.
Amounts specified for rate limits for 2005/062
Unless Parliament determines otherwise, for the year 2005/06, the amount treated as specified by virtue of section 1(4) of the Income and Corporation Taxes Act 1988 shall be—
a
in section 1(2)(aa)2 of the Act (starting rate limit of charge to income tax), £2,090;
b
in section 1(2)(b)3 of the Act (basic rate limit of charge to income tax), £32,400.
Jim MurphyNick AingerTwo of the Lords Commissioners of Her Majesty’s Treasury
(This note is not part of the Order)