The Income Tax (Indexation) Order 2005

• Citation: S.I. 2005/716
• Sections: 2

Section 1 Citation

This Order may be cited as the Income Tax (Indexation) Order 2005.

Section 2 Amounts specified for rate limits for 2005/06

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) of the Act (starting rate limit of charge to income tax), £2,090;

(b) in section 1(2)(b) of the Act (basic rate limit of charge to income tax), £32,400.