The Income Tax (Indexation) (No.2) Order 2006
Section 257C(3) of the Income and Corporation Taxes Act 1988 (“the Act”) requires the Treasury to specify, by order made by statutory instrument before 6th April 2007, the amounts which by virtue of that section shall, unless Parliament otherwise determines, be treated as specified for the purposes of sections 257 (personal allowances), 257A (married couple’s allowances for where one spouse born before 6th April 1935 and the marriage is contracted before 5th December 2005), 257AB (married couple’s allowance for marriages contracted and civil partnerships registered on or after 5th December 2005), and 265 (blind person’s allowance) of the Act for the year of assessment 2007-08.