What the official record says
This Act is the Taxation (Income-sharing Tax Credit) Act . This Act comes into force on 1 April 2012. amend the Income Tax Act 2007. In section GB 44, is replaced by in each place where it appears. applies for the 2012–13 and later tax years. In section HR 8(5), is replaced by . applies for the 2012–13 and later tax years. After section LA 7(1)(a), the following is inserted: (Income-sharing tax credits): applies for the 2012–13 and later tax years. After section LB 4, the following is inserted: A person has a tax credit for a tax year equal to their proportion of an amount of a tax credit under (Income-sharing tax credits) for the tax year. applies for the 2012–13 and later tax years. After section LC 13(6), the following is added: A person who has an income-sharing tax credit, or a propo