PART IIIIncome Tax, Corporation Tax and Capital Gains Tax
CHAPTER IGeneral
24Personal reliefs
(1)
Section 24(5) of the M1Finance Act 1980 (increase of personal reliefs) shall not apply for the year 1982-83.
(2)
In section 8 of the Taxes Act (personal reliefs)—
(a)
in subsection (1)(a) (married) for "£2,145 " there shall be substituted " £2,445 ";
(b)
in subsections (1)(b) (single) and (2) (wife's earned in come relief) for "£1,375" there shall be substituted " £1,565 ";
(c)
in subsection (1A) (age allowance) for "£2,895" and "£1,820" there shall be substituted " £3,295 " and " £2,070 " respectively ; and
(d)
in subsection (1B) (income limit for age allowance) for " £5,900 " there shall be substituted " £6,700 ".