The Income Tax (Indexation) Order 1990

• Citation: S.I. 1990/677
• Sections: 2

Section 1

This Order may be cited as the Income Tax (Indexation) Order 1990.

Section 2

(1) The amounts which, unless Parliament otherwise determines, will be treated by virtue of sections 1(4) and 257C(1) of the Income and Corporation Taxes Act 1988 as specified for the year 1990—91 in sections 1(2) , 257 and 257A of that Act are set out in paragraphs (2), (3) and (4).

(2) In section 1(2) of the said Act (basic rate limit)—£22,300.

(3) In section 257 of the said Act (personal allowance)—

(a) in subsection (1) (personal allowance)—£3,005;

(b) in subsection (2) (personal allowance—age 65 to 74)—£3,670;

(c) in subsection (3) (personal allowance—age 75 and over)—£3,820;

(d) in subsection (5) (income limit for age-related allowances)—£12,300.

(4) In section 257A of the said Act (married couple’s allowance)—

(a) in subsection (1) (married couple’s allowance)—£1,720;

(b) in subsection (2) (married couple’s allowance—age 65 to 74)—£2,145;

(c) in subsection (3) (married couple’s allowance—age 75 and over)—£2,185;

(d) in subsection (5) (income limit for age-related allowances)—£12,300.