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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order replaces the amounts specified in subsections (1) and (2) of section 20 of the Income Tax Act 2007 with the amounts which, as a result of the calculation based on the increase in the retail price index provided for by section 21, will be the starting rate limit and the basic rate limit for the tax year 2008-09.

This Order does not impose any costs on business.