HC Deb 06 April 1965 vol 710 c308
308
§
Motion made, and Question,
11. That—
- (a) the personal reliefs under section 210 of the Income Tax Act 1952 shall be increased by substituting £340 for £320 in subsection (1)(a) (married) and £220 for £200 in subsection (1)(b) (single) and in subsection (2) (wife's earned income relief) for £200 there shall be substituted £220;
- (b) the amounts of £255 and £180 (total income of the dependent relative) specified for the purposes of section 216 of the said Act of 1952 shall each be increased by £30;
- (c) section 377(2) of the said Act of 1952, section 19 of the Finance Act 1960 and so much of section 14 of the Finance Act 1957 as relates to the said section 19 (income tax and surtax relief for National Insurance contributions) shall cease to have effect, but not so as to revive any relief or deduction under any other provision of the said Act of 1952 for which relief under the said section 377(2) was substituted;
- (d) in section 15 of the Finance Act 1952 (relief for small incomes), subsection (2) shall be amended by substituting £705 for £680 (income limit for marginal relief);
- (e) in section 13 of the Finance Act 1957
(relief for persons over 65 with small incomes)—
- (i)for the references to £360 and £575
(the income limits for exemption) there shall be
substituted references to £390 and £625;
and
- (ii)for the reference to £130 (the excess over
those limits by reference to which relief by reduction of
tax is limited) there shall be substituted a reference to
£160;
but the amounts of tax deductible or repayable under section 157 (pay as you earn) of the Income Tax Act 1952 shall until 8th June 1965 be the same as if no such changes had been made as are provided by paragraphs (a), (c), (d) and (e) above (any necessary correction being made on or after that day by adjusting subsequent deductions or repayments under that section or, if need be, by an assessment):
And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1913.—[Mr. Callaghan.]
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put and agreed to.