Public 2008 No 36
Issued
2008

Taxation (Personal Tax Cuts, Annual Rates, and Remedial Matters) Act 20

2008 legislation includes personal tax reductions over three and a half years, and changes to Working for Families tax credits to take account of inflation.

The Taxation (Personal Tax Cuts, Annual Rates, and Remedial Matters) Bill 2008 was introduced into Parliament on 22 May 2008 and passed under urgency on 23 May. The resulting Act received Royal assent on 29 May 2008. The new legislation gives effect to tax measures announced in Budget 2008 - personal tax reductions to be phased in over three and a half years, and changes to Working for Families tax credits to take account of inflation.