# Finance Act 2022, Section 5: Freezing starting rate limit for savings for tax year 2022-23

Extent: E+W+S+N.I.

(1) For the tax year 2022-23 the amount specified in section 12(3) of ITA 2007 (the starting rate limit for savings) is “£5,000”.
(2) Accordingly, section 21 of that Act (indexation) does not apply in relation to the starting rate limit for savings for that tax year.

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Source: https://www.legislation.gov.uk/ukpga/2022/3/section/5 (the official version)
Page: https://openlegislation.uk/finance-act-2022/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.