Regulation 27 Qualifying amount for a tax year
The “qualifying amount” for a tax year means—
(a)
£50,000 for the tax year 2024-25;
(b)
£30,000 for the tax year 2025-26;
(c)
£20,000 for the tax year 2026-27 and any subsequent tax year.
The “qualifying amount” for a tax year means—
£50,000 for the tax year 2024-25;
£30,000 for the tax year 2025-26;
£20,000 for the tax year 2026-27 and any subsequent tax year.