Part 1 Universal Social charge, income tax, corporation tax and capital gains tax (ss. 1-56)

AI Summary of Part 1 Universal Social charge, income tax, corporation tax and capital gains tax (ss. 1-56)

Version date: 10 October 2024 - onwards

		Future version	Amendment requiring commencement	Draft proposed change
	Chapter 1 Interpretation (s. 1)
	1. Interpretation (Part 1)
	Chapter 2 Universal Social Charge (s. 2)
	2. Amendment of section 531AN of Principal Act (rate of charge)
	Chapter 3 Income Tax (ss. 3-29)
	3. Rate of charge and personal tax credits
	4. Amendment of section 472BB of Principal Act (sea-going naval personnel credit)
	5. Amendment of section 473B of Principal Act (rent tax credit)
	6. Amendment of section 473C of Principal Act (mortgage interest tax relief)
	7. Amendment of section 477C of Principal Act (Help to Buy)
	8. Amendment of section 112B of Principal Act (granting of vouchers)
	9. Amendment of section 118 of Principal Act (benefits in kind: general charging provision)
	10. Amendment of section 121 of Principal Act (benefit of use of car)
	11. Amendment of section 121A of Principal Act (benefit of use of van)
	12. Employer contributions to PRSAs and PEPPs
	13. Pensions (standard fund threshold)
	14. Automatic enrolment retirement savings system
	15. Automatic enrolment retirement savings system (amendments consequential on insertion of Chapter 2E in Part 30)
	16. Amendment of Part 3 of Schedule 26A to Principal Act (approval of body as eligible charity)
	17. Amendment of Chapter 1 of Part 7 of Principal Act
	18. Amendment of section 235 of Principal Act (bodies established for promotion of athletic or amateur games or sports)
	19. Exemption for certain sporting national governing bodies
	20. Amendment of section 847A of Principal Act (donations to certain sports bodies)
	21. Deduction for donations to National Governing Bodies
	22. Amendment of Schedule 13 to Principal Act (accountable persons for purposes of Chapter 1 of Part 18)
	23. Amendment of section 822 of Principal Act (split year residence)
	24. Amendment of section 192A of Principal Act (exemption in respect of certain payments under employment law)
	25. Amendment of section 204A of Principal Act (exemption in respect of annual allowance for reserve members of the Garda Síochána)
	26. Amendment of section 990 of Principal Act (assessment of tax due)
	27. Exemption in respect of certain expenses of members of Disabled Drivers Medical Board of Appeal
	28. Amendment of section 520 of Principal Act (interpretation (Chapter 1))
	29. Amendment of section 986 of Principal Act (regulations)
	Chapter 4 Income Tax, Corporation Tax and Capital Gains Tax (ss. 30-46)
	30. Exemption in respect of CervicalCheck payments
	31. Exemption in respect of Stardust ex-gratia payments
	32. Amendment of section 285C of Principal Act (acceleration of wear and tear allowances for gas vehicles and refuelling equipment)
	33. Amendment of Part 11C of Principal Act (emissions-based limits on capital allowances and expenses for certain road vehicles)
	34. Amendment of certain references relating to de minimis aid
	35. Amendment of section 97A of Principal Act (pre-letting expenditure in respect of vacant premises)
	36. Amendment of section 480C of Principal Act (residential premises rental income relief)
	37. Amendment of Part 16 of Principal Act (relief for investment in corporate trades)
	38. Amendment of Chapter 2 of Part 23 of Principal Act (farming: relief for increase in stock values)
	39. Repeal of certain provisions of Part 23 of Principal Act (farming and market gardening)
	40. Amendment of Part 2 of Schedule 35 to Principal Act
	41. Amendment of section 766C of Principal Act (research and development corporation tax credit)
	42. Deduction for stock exchange listing expenditure
	43. Amendment of certain tax exemption provisions of Principal Act
	44. Taxation of leases
	45. Amendment of Part 35A of Principal Act (transfer pricing)
	46. Amendment of section 817U of Principal Act (outbound payments defensive measures)
	Chapter 5 Corporation Tax (ss. 47-52)
	47. Amendment of section 835AY of Principal Act (interest limitation)
	48. Amendment of section 481 of Principal Act (relief for investment in films)
	49. Tax credit for expenditure on unscripted production
	50. Participation exemption for certain foreign distributions
	51. Amendment of section 486C of Principal Act (relief from tax for certain start-up companies)
	52. Amendment of section 835YA of Principal Act (non-cooperative jurisdictions: modified application of sections 835T, 835U and 835V)
	Chapter 6 Capital Gains Tax (ss. 53-56)
	53. Repeal of section 46 of Finance (No. 2) Act 2023
	54. Relief for investment in innovative enterprises
	55. Amendment of section 599 of Principal Act (disposals within family of business or farm)
	56. Amendment of section 613 of Principal Act (miscellaneous exemptions for certain kinds of property)

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AI Summary of Part 1 Universal Social charge, income tax, corporation tax and capital gains tax (ss. 1-56)

Part 1 Universal Social charge, income tax, corporation tax and capital gains tax (ss. 1-56)