Finance Act, 1987


Income Tax and Corporation Tax

Chapter I

Income Tax

Amendment of section 6 (special allowance in respect of P.R.S.I. for 1982-83) of Finance Act, 1982.

1.Section 6 of the Finance Act, 1982 , shall have effect for the purpose of ascertaining the amount of income on which an individual referred to therein is to be charged to income tax for the year 1987-88, as if in subsection (2)—

(a) “1987-88” were substituted for “1982-83”, and

(b) “£286” were substituted for “£312”, in each place where it occurs.