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If you compare new the tax allowance figures introduced by The Income Tax (Indexation) (No. 2) Order 2007
( see http://www.opsi.gov.uk/si/si2007/uksi_20073481_en_1 )
into the Income Tax Act 2007
( see http://www.opsi.gov.uk/acts/acts2007/ukpga_20070003_en_4#pt3-ch2-pb2-l1g35 )
with the figures in the treasury press release,
( see http://www.hm-treasury.gov.uk/newsroom_and_speeches/press/2007/press_109_07.cfm )
you'll see that the personal allowances for those age 65 seem on the low side - giving 7,850 (not the 9,030 expected) and 8,000 (not 9,180).
Is the press release just wrong or is there some additional mechanism for bumping up the figures?
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