Part 1 Income Tax, Corporation Tax and Capital Gains Tax (ss. 1-58)

AI Summary of Part 1 Income Tax, Corporation Tax and Capital Gains Tax (ss. 1-58)

Version status: | Document consolidation status: Updated to reflect all known changes

Version date: 25 March 2005 - onwards

		Future version	Amendment requiring commencement	Draft proposed change
	Chapter 1 Interpretation (s. 1)
	1. Interpretation (Part 1).
	Chapter 2 Income Tax (ss. 2-21)
	2. Amendment of section 15 (rate of charge) of Principal Act.
	3. Personal tax credits.
	4. Age exemption.
	5. Amendment of section 126 (tax treatment of certain benefits payable under Social Welfare Acts) of Principal Act.
	6. Amendment of section 473 (allowance for rent paid by certain tenants) of Principal Act.
	7. Amendment of section 116 (interpretation (Chapter 3)) of Principal Act.
	8. Amendment of section 118 (benefits in kind: general charging provision) of Principal Act.
	9. Preferential loans.
	10. Costs and expenses in respect of personal security assets and services.
	11. Foster care payments etc.
	12. State employees: foreign service allowances.
	13. Credit in respect of tax deducted from emoluments of certain directors.
	14. Amendment of section 950 (interpretation (Part 41)) of Principal Act.
	15. Amendment of Chapter 1 (payments in respect of professional services by certain persons) of Part 18 of, and Schedule 13 to, Principal Act.
	16. Amendment of section 128 (tax treatment of directors of companies and employees granted rights to acquire shares or other assets) of Principal Act.
	17. Restriction of deductions for employee benefit contributions.
	18. Amendment of section 130 (matters to be treated as distributions) of Principal Act.
	19. Reliefs in respect of income tax charged on payments on retirement.
	20. Tax rate applicable to certain deposit interest received by individuals.
	21. Retirement benefits.
	Chapter 3 PAYE: Electronic and Telephone Communications (s. 22-26)
	22. Amendment of Chapter 6 (electronic transmission of returns of income, profits, etc., and of other Revenue returns) of Part 38 of Principal Act.
	23. Electronic claims.
	24. Amendment of provisions relating to claims by individuals.
	25. Retention and inspection of records in relation to claims by individuals.
	26. Amendment of section 997 (supplementary provisions (Chapter 4)) of Principal Act.
	Chapter 4 Income Tax, Corporation Tax and Capital Gains Tax (ss. 27-47)
	27. Amendment of section 18 (amendment of Part 16 (income tax relief for investment in corporate trades - business expansion scheme and seed capital scheme) of Principal Act) of Finance Act 2004.
	28. Amendment of section 482 (relief for expenditure on significant buildings and gardens) of Principal Act.
	29. Amendment of Chapter 1 (interpretation and general) of Part 23 (farming and market gardening) of Principal Act.
	30. Amendment of section 659 (farming: allowances for capital expenditure on the construction of farm buildings, etc., for control of pollution) of Principal Act.
	31. Amendment of section 666 (deduction for increase in stock values) of Principal Act.
	32. Amendment of section 667A (further provisions for qualifying farmers) of Principal Act.
	33. Amendment of section 843 (capital allowances for buildings used for third level educational purposes) of Principal Act.
	34. Capital allowances for registered tourist accommodation.
	35. Amendment of section 372AJ (non-application of relief in certain cases and provision against double relief) of Principal Act.
	36. Amendment of section 481 (relief for investment in films) of Principal Act.
	37. Amendment of section 1013 (limited Partnerships) of Principal Act.
	38. Amendment of Schedule 26A (donations to approved bodies, etc.) to Principal Act.
	39. Amendment of section 817 (schemes to avoid liability to tax under Schedule F) of Principal Act.
	40. Court funds.
	41. Assets of overseas life assurance companies.
	42. Amendment of Chapter 5 (policyholders - new basis) of Part 26 of Principal Act.
	43. Amendment of section 747E (disposal of an interest in offshore funds) of Principal Act.
	44. Common contractual funds.
	45. Treatment of leasing.
	46. Treatment of certain dividends.
	47. Dividend withholding tax.
	Chapter 5 Corporation Tax (ss. 48-55)
	48. Generally accepted accounting standards.
	49. Amendment of section 243 (allowance of charges on income) of Principal Act.
	50. Amendment of Chapter 6 (Implementation of Council Directive 2003/49/EC of 3 June 2003 on a common system of taxation applicable to interest and royalty payments made between associated companies of different Member States) of Part 8 of Principal
	51. Amendment of Chapter 2 (Miscellaneous) of Part 35 of Principal Act.
	52. Amendment of section 410 (group payments) of Principal Act.
	53. Amendment of section 448 (relief from corporation tax) of Principal Act.
	54. Amendment of section 626B (exemption from tax in the case of gains on certain disposals of shares) of Principal Act.
	55. Cesser of section 686 (reduction of corporation tax) of Principal Act.
	Chapter 6 Capital Gains Tax (ss. 56-58)
	56. Amendment of section 980 (deduction from consideration on disposal of certain assets) of Principal Act.
	57. Amendment of Schedule 15 (list of bodies for purposes of section 610) to Principal Act.
	58. Amendment of section 608 (superannuation funds) of Principal Act.

Previous Next

Log in

Request a trial

The best way to experience Better Regulation is to try it - free and without obligation.

Take a trial

Table of Contents

Document Overview

AI Summary of Part 1 Income Tax, Corporation Tax and Capital Gains Tax (ss. 1-58)

Part 1 Income Tax, Corporation Tax and Capital Gains Tax (ss. 1-58)