HC Deb 03 December 1996 vol 286 c929

Resolved, That—

  1. For the year 1997–98 the amounts specified in the provisions mentioned in paragraph (2) below shall be taken to be as set out in that paragraph; and, accordingly, section 257C(1) of the Income and Corporation Taxes Act 1988, so far as it relates to the amounts so specified, shall not apply for the year 1997–98.
  2. (2) In section 257 of that Act—
    1. (a) the amount in subsection (1) shall be £4,045;
    2. (b) the amount in subsection (2) shall be £5,220; and
    3. (c) the amount in subsection (3) shall be £5,400.
    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 1968.