# Finance Act 2014, Section 9: Annual exempt amount for 2015-16 onwards


(1) For the tax year 2015-16 and subsequent tax years the amount specified in section 3(2) of TCGA 1992 (annual exempt amount) is replaced with “ £11,100 ”.
(2) Section 3(3) of that Act (indexation of annual exempt amount) does not apply in relation to the tax year 2015-16 (but subsection (1) does not override section 3(3) of that Act for subsequent tax years).

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Source: https://www.legislation.gov.uk/ukpga/2014/26/section/9 (the official version)
Page: https://openlegislation.uk/finance-act-2014/section-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.