Finance Act 2016 (c. 24)

PART 1 U.K. Income tax

Charge and principal rates etc U.K.

2 Basic rate limit for 2017-18 U.K.

(1) In section 4(1)(b) of FA 2015 (basic rate limit for 2017-18) for “£32,400” substitute “ £33,500 ”.

(2) Accordingly, omit section 6(b) of F(No.2)A 2015 (basic rate limit for 2017-18).