[55C Election to reduce personal allowance]
Income Tax Act 2007 (2007 c 3) | Legislation

[Election to reduce personal allowance]

[55C  Election to reduce personal allowance]

[(1)     An individual may make an election for the purposes of section 55B if—

(a)     the individual is married to, or in a civil partnership with, the same person [(“the gaining party”)]—

(i)     for the whole or part of the tax year concerned, and

(ii)     when the election is made [or, where the election is made after the death of one or each of them, when they were last both living],

(b)     the individual is entitled to a personal allowance under section 35 . . . for that tax year,

(c)     assuming the individual's personal allowance was reduced as set out in section 55B(6), the individual would not for that year be liable

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Mistake in contract law

Mistake in contract lawThis Practice Note considers the legal concept of mistake in contract law. It examines common mistake, mutual mistake, unilateral mistake, mistake as to identity and mistake as to the document signed (non est factum). It also considers the impact of each of these types of

LEXISNEXIS

Fraud by false representation

Fraud by false representationFraud by false representationFraud by false representation applies to a broader range of conduct than the offences under the preceding legislation (the Theft Act 1968 (TA 1968)). No gain or loss need actually be made, and no deception need operate on the mind of the

LEXISNEXIS

The Financial Assistance Scheme—what are the available benefits?

The Financial Assistance Scheme—what are the available benefits?THIS PRACTICE NOTE APPLIES TO SCHEMES ENTERING THE FINANCIAL ASSISTANCE SCHEME FROM 1 JANUARY 2012.Where a scheme, its employer(s) and individual members have satisfied the criteria for eligibility into the Financial Assistance Scheme

LEXISNEXIS

Interim injunctions—the American Cyanamid guidelines

Interim injunctions—the American Cyanamid guidelinesThis Practice Note is concerned with substantive interim injunctions, which are a particular species of injunction granted on a temporary basis ahead of trial. As set out below, there are different considerations depending on whether the interim