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Finance Act, 1974

Personal reliefs.

6.—(1) Where a deduction falls to be made from the total income of an individual for the year 1974-75 or any subsequent year of assessment in respect of relief to which the individual is entitled under a provision mentioned in column (1) of the Table to this section and the amount of the deduction would, but for this section, be an amount specified in column (2) of the said Table, the amount of the deduction shall, in lieu of being the amount specified in the said column (2) be the amount specified in column (3) of the said Table opposite the mention of the amount in the said column (2).

TABLE

Statutory provision

Amount to be deducted for 1973-74

Amount to be deducted from total income for 1974-75 and subsequent years

(1)

(2)

(3)

£

£

Income Tax Act, 1967 :

section 138 (married man)

494

800

(single person)

299

500

(widowed person)

324

550

(working wife)

104 or, if less, three-fourths of amount of wife's earned income

200 or, if less, amount of wife's earned income

sections 139 and 140 (housekeeper)

100

140

section 141 (child)—under 11 years

155

200

—11 years or over

170

200

section 142 (dependent relative)

  60

  80

Finance Act, 1969 :

section 3 (housekeeper taking care of incapacitated person)

100

140

Finance Act, 1971 :

section 11 (blind person)

100

140

(both spouses blind)

200

280

(2) Part I of the First Schedule shall have effect for the purpose of supplementing this section.