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Finance Act 2014 - legislation

Finance Act 2014 CHAPTER 26 .75 57 Finance Act 2014 CHAPTER 26 CONTENTSPART 1 INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAXCHAPTER 1 CHARGE, RATES ETCI ncome tax1 Charge, rates, basic rate limit and personal allowance for 2014 -152 Basic rate limit for 2015-16 and personal allowances from 20153 The starting rate for savings and the savings rate limit4 Indexation of limits and allowances under ITA 2007 Corporation tax5 Charge for financial year 20156 Small profits rate and fractions for financial year 20147 Rates for ring fence profits and abolition of small profits rate for non-ringfence profitsCapital gains tax8 Annual exempt amount for 2014 -159 Annual exempt amount for 2015-16 onwardsCapital allowances10 Temporary increase in annual investment allowanceFinance Act 2014 (c.)

Finance Act 2014 (c. 26 ) iii 44 Transitional provision for new standard lifetime allowance for 2014-15 etc 45 Taxable specific income: effect …

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