The Income Tax (Indexation) Order 2010

• Citation: S.I. 2010/2879
• Sections: 4

Section 1 Citation and interpretation

(1) This Order may be cited as the Income Tax (Indexation) Order 2010.

(2) In this Order, references to sections are references to sections in the Income Tax Act 2007.

Section 2 Indexation of the rate limits for the tax year 2011–12

For the tax year 2011–12, the amount specified in section 10(5) (basic rate limit) is replaced with “£39,200”.

Section 3 Indexation of the rate limits for the tax year 2011–12

For the tax year 2011–12, the amount specified in section 12(3) (starting rate limit for savings) is replaced with “£2,560”.

Section 4 Indexation of allowances for the tax year 2011–12

For the tax year 2011–12—

(a) the amount specified in section 35(1) (personal allowance for those aged under 65) is replaced with “£6,785”;

(b) the amount specified in section 36(1) (personal allowance for those aged 65 to 74) is replaced with “£9,940”;

(c) the amount specified in section 37(1) (personal allowance for those aged 75 and over) is replaced with “£10,090”;

(d) the amount specified in section 38(1) (blind person’s allowance) is replaced with “£1,980”;

(e) the amount specified in section 43 (tax reductions for married couples and civil partners: the minimum amount) is replaced with “£2,800”;

(f) in section 45 (marriages before 5th December 2005)—

(i) the amount specified in subsection (3)(a) (married couple’s allowance: one spouse aged 75 or over and born before 6th April 1935) is replaced with “£7,295”;

(ii) the amount specified in subsection (3)(b) (married couple’s allowance: one spouse aged less than 75 and born before 6th April 1935) is replaced with “£7,185”;

(g) in section 46 (marriages and civil partnerships on or after 5th December 2005)—

(i) the amount specified in subsection (3)(a) (married couple’s allowance: one spouse or civil partner aged 75 or over and born before 6th April 1935) is replaced with “£7,295”;

(ii) the amount specified in subsection (3)(b) (married couple’s allowance: one spouse or civil partner aged less than 75 and born before 6th April 1935) is replaced with “£7,185”;

(h) the amount specified in each of sections 36(2) , 37(2) , 45(4) and 46(4) (adjusted net income limit) is replaced with “£24,000”.