The Income Tax (Indexation) (No.2) Order 2006

• Citation: S.I. 2006/3241
• Sections: 2

Section 1 Citation

This Order may be cited as the Income Tax (Indexation) (No.2) Order 2006.

Section 2 Amounts of personal allowance, married couple’s allowance and blind person’s allowance for 2006-07

(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 2007-08 in sections 257, 257A , 257AB , and 265 of that Act are set out in paragraphs (2) to (4) below.

(2) In section 257 of that Act (personal allowance)—

(a) in subsection (1) (personal allowance) — £5,225;

(b) in subsection (2) (personal allowance — age 65-74) - £7,550;

(c) in subsection (3) (personal allowance — age 75 and over) — £7,690;

(d) in subsection (5) (income limit for age-related allowances) — £20,900.

(3) In section 257A of that Act (married couple’s allowance for couples married before 5th December 2005)—

(a) in subsection (2) (married couple’s allowance — one spouse aged 72 to 74 and born before 6 th April 1935) — £6,285;

(b) in subsection (3) (married couple’s allowance — age 75 and over) — £6,365;

(c) in subsection (5) (income limit for age-related married couple’s allowance) — £ 20,900;

(d) in subsection (5A) (minimum married couple’s allowance) — £2,440.

(4) In section 257AB of that Act (married couple’s allowance (marriages contracted and civil partnerships registered after 5 th December 2005))—

(a) in subsection (2)(a) (married couple’s allowance — age 75 and over) — £6,365;

(b) in subsection (2)(b) (married couple’s allowance — age 72 to 74 and born before 6 th April 1935) — £6,285;

(c) in subsection (4) (income limit for age-related allowances) — £20,900.

(d) in subsection (5) (minimum married couple’s allowance) — £2,440.

(5) In section 265(1) of that Act (blind person’s allowance) — £1,730.