Part 3Income tax, corporation tax and capital gains tax
Chapter 1Income tax and corporation tax charge and rate bands
Income tax
24Personal allowances for those aged 65 or more
(1)
For the year 2004-05—
(a)
the amount specified in section 257(2) of the Taxes Act 1988 (claimant aged 65 or more) shall be £6,830; and
(b)
the amount specified in section 257(3) of that Act (claimant aged 75 or more) shall be £6,950.
(2)
Accordingly, section 257C(1) of that Act (indexation), so far as it relates to the amounts so specified, does not apply for that year.