Introduction Details of the Section
2.Subsection (1) sets the amount of the personal allowance for 2016-17 and 2017-18.
3.Subsection (2) disapplies the indexation provisions.
4.Subsection (4) removes the date of birth qualification for the personal allowance provided by section 35 of the Income Tax Act 2007.
5.Subsection (5) omits the personal allowance for those born before 6 April 1938.
6.Subsections (6) to (10) remove references to the personal allowance for those born before 6 April 1938.
7.Subsection (11) provides that the amendments made by subsections (3) to (10) have effect for the 2016-17 tax year and subsequent tax years.