4 Reduction of personal allowance for those with income exceeding £100,000
Finance Act 2009 (2009 c 10) | Legislation

4  Reduction of personal allowance for those with income exceeding £100,000

(1)     In section 35 of ITA 2007 (personal allowances for those aged under 65), the existing provision becomes subsection (1) of that section; and after that subsection insert—

“(2)     For an individual whose adjusted net income exceeds £100,000, the allowance under subsection (1) is reduced

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