{
  "url": "https://openlegislation.uk/finance-act-2015/section-4",
  "json_url": "https://openlegislation.uk/finance-act-2015/section-4.json",
  "legislation": "ukpga/2015/11",
  "legislation_title": "Finance Act 2015",
  "legislation_url": "https://openlegislation.uk/finance-act-2015",
  "path": "section/4",
  "kind": "section",
  "number": "4",
  "heading": "Basic rate limit from 2016",
  "text": "(1) The amount specified in section 10(5) of ITA 2007 (basic rate limit) is replaced—\n(a) for the tax year 2016-17, with “£32,000”, and\n(b) for the tax year 2017-18, with “£33,500”.\n(2) Accordingly, for those tax years section 21 of that Act (indexation of limits), so far as relating to the basic rate limit, does not apply.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in s. 4(1)(a) substituted (18.11.2015) by Finance (No. 2) Act 2015 (c. 33), s. 6(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in s. 4(1)(b) substituted (15.9.2016) by Finance Act 2016 (c. 24), s. 2(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2015/11/section/4",
    "retrieved_at": "2026-10-28T17:01:27.985809+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}