The Income Tax (Indexation) (No. 2) Order 2002

• Citation: S.I. 2002/2930
• Sections: 2

Section 1

This Order may be cited as the Income Tax (Indexation) (No. 2) Order 2002.

Section 2

(1) The amounts which, unless Parliament otherwise determines, will be treated by virtue of sections 257C(1) and 265(1A) of the Income and Corporation Taxes Act 1988 as specified for the year 2003-04 in sections 257 and 257A , and 265 of that Act are set out in paragraphs (2), (3), and (4).

(2) In section 257(5) of that Act (personal allowance – income limit for age-related allowances) – £18,300.

(3) In section 257A of that Act (married couple’s allowance) –

(a) in subsection (2) (married couple’s allowance – age 68 to 74 and born before 6 April 1935) – £5,565;

(b) in subsection (3) (married couple’s allowance – age 75 and over) – £5,635;

(c) in subsection (5) (income limit for age-related allowances) – £18,300;

(d) in subsection (5A) (minimum married couple’s allowance) – £2,150.

(4) In section 265(1) of that Act (blind person’s allowance) – £1,510.