FINAK - Finance Act 2008
- PART 1 INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAX
- Chapter 1 Interpretation
- Chapter 2 Income Tax
- 2. Amendment of section 15 (rate of charge) of Principal Act.
- 3. Personal tax credits.
- 4. Age exemption.
- 5. Cesser of exemption limits.
- 6. Amendment of section 473 (allowance for rent paid by certain tenants) of Principal Act.
- 7. Amendment of section 244 (relief for interest paid on certain home loans) of Principal Act.
- 8. Amendment of section 122 (preferential loan arrangements) of Principal Act.
- 9. Amendment of section 467 (employed person taking care of incapacitated individual) of Principal Act.
- 10. Amendment of section 472C (relief for trade union subscriptions) of Principal Act.
- 11. Amendment of section 216A (rent-a-room relief) of Principal Act.
- 12. Amendment of Schedule 13 (accountable persons for purposes of Chapter 1 of Part 18) to Principal Act.
- 13. Amendment of Schedule 12A (approved savings-related share option schemes) to Principal Act.
- 14. Amendment of section 515 (excess or unauthorised shares) of Principal Act.
- 15. Amendment of section 657 (averaging of farm profits) of Principal Act.
- 16. Tax treatment of directors and employees who acquire convertible securities.
- 17. Amendment of section 986 (regulations) of Principal Act.
- 18. Amendment of tax treatment of income from certain possessions in Great Britain or Northern Ireland.
- 19. Share schemes: returns of information.
- 20. Restructuring and diversification aid for sugar beet growers.
- 21. Revenue approved salary sacrifice agreements.
- 22. Amendment of section 201 (exemptions and reliefs in respect of tax under section 123) of Principal Act.
- 23. Limitation on amount of certain reliefs used by certain high income individuals.
- Chapter 3 Income Tax, Corporation Tax and Capital Gains Tax
- 24. Amendment of Part 16 (income tax relief for investment in corporate trades — business expansion scheme and seed capital scheme) of Principal Act.
- 25. Amendment of section 81A (restriction of deductions for employee benefit contributions) of Principal Act.
- 26. Capital allowances for qualifying specialist palliative care units.
- 27. Mid-Shannon corridor tourism infrastructure investment scheme.
- 28. Capital allowances for buildings and structures in registered caravan and camping sites.
- 29. Amendment of restriction on property developers under certain schemes and of capital allowances for certain childcare facilities.
- 30. Decommissioning of fishing vessels: Amendment of section 288 (balancing allowances and balancing charges) of Principal Act.
- 31. Capital allowances and expenses for business cars.
- 32. Amendment of section 481 (relief for investment in films) of Principal Act.
- 33. Amendment of section 668 (compulsory disposals of livestock) of Principal Act.
- 34. Amendment of Schedule 26A (donations to approved bodies, etc.) to Principal Act.
- 35. Amendment of section 531 (payments to sub-contractors in certain industries) of Principal Act.
- 36. Amendment of section 110 (securitisation) of Principal Act.
- 37. Equalisation reserves for credit insurance and reinsurance business of companies.
- 38. Amendment of section 730D (gain arising on a chargeable event) of Principal Act.
- 39. Amendment of Chapter 1A (investment undertakings) of Part 27 of Principal Act.
- 40. Amendment of section 768 (allowance for know-how) of Principal Act.
- 41. Expenditure involving crime.
- 42. Certain transfers of assets between companies.
- Chapter 4 Corporation Tax
- 43. Tax treatment of certain dividends, etc.
- 44. Amendment of Part 13 (close companies) of Principal Act.
- 45. Amendment of Part 24 (taxation of profits of certain mines and petroleum taxation) of Principal Act.
- 46. Acceleration of wear and tear allowances for certain energy-efficient equipment.
- 47. Preliminary tax.
- 48. Purchase of own shares–supplementary.
- 49. Amendment of Schedule 24 (relief from income tax and corporation tax by means of credit in respect of foreign tax) to Principal Act.
- 50. Amendment of section 766 (tax credit for research and development expenditure) of Principal Act.
- 51. Dividends paid in connection with disposals of shares or securities.
- 52. Amendment of Schedule 4 (exemption of specified non-commercial state sponsored bodies from certain tax provisions) to Principal Act.
- 53. Amendment of section 448 (relief from corporation tax) of Principal Act.
- Chapter 5 Capital Gains Tax
- PART 2 EXCISE
- Chapter 1 Electricity Tax
- 57. Interpretation (Chapter 1).
- 58. Charging and rates.
- 59. Liability.
- 60. Returns and payment.
- 61. Mixed supply.
- 62. Registration.
- 63. Reliefs.
- 64. Repayments.
- 65. Offence and penalty.
- 66. Regulations (Chapter 1).
- 67. Care and management (Chapter 1).
- 68. Commencement (Chapter 1).
- Chapter 2 Miscellaneous
- 69. Amendment of Chapter 1 of Part 2 (consolidation and modernisation of general excise law) of Finance Act 2001.
- 70. Amendment of Part 2 (consolidation and modernisation of general excise law) of Finance Act 2001.
- 71. Rates of mineral oil tax.
- 72. Amendment of Chapter 1 (mineral oil tax) of Part 2 of Finance Act 1999.
- 73. Amendment of section 78A (relief for small breweries) of Finance Act 2003.
- 74. Rates of tobacco products tax.
- 75. Increase in duties on retailers’ off-licences.
- 76. Repeals relating to excise law.
- 77. Amendment of penalties on summary conviction for certain excise offences.
- 78. Amendment of section 130 (interpretation) of Finance Act 1992.
- 79. Amendment of section 132 (charge of excise duty) of Finance Act 1992.
- 80. Amendment of section 134 (permanent reliefs) of Finance Act 1992.
- 81. Remission or repayment in respect of vehicle registration tax on certain hybrid electric vehicles, or certain flexible fuel vehicles, or certain electric vehicles, or certain electric motorcycles.
- PART 3 VALUE-ADDED TAX
- 82. Interpretation (Part 3).
- 83. Amendment of section 1 (interpretation) of Principal Act.
- 84. Amendment of section 2 (charge of value-added tax) of Principal Act.
- 85. Amendment of section 3 (supply of goods) of Principal Act.
- 86. Amendment of section 4 (special provisions in relation to the supply of immovable goods) of Principal Act.
- 87. Amendment of section 4A (person liable to pay tax in relation to certain supplies of immovable goods) of Principal Act.
- 88. Supplies of immovable goods, etc.
- 89. Amendment of section 5 (supply of services) of Principal Act.
- 90. Amendment of section 7 (waiver of exemption) of Principal Act.
- 91. Option to tax lettings of immovable goods, etc.
- 92. Amendment of section 8 (accountable persons) of Principal Act.
- 93. Amendment of section 10 (amount on which tax is chargeable) of Principal Act.
- 94. Amendment of section 12 (deduction for tax borne or paid) of Principal Act.
- 95. Amendment of section 12B (special scheme for means of transport supplied by taxable dealers) of Principal Act.
- 96. Amendment of section 12C (special scheme for agricultural machinery) of Principal Act.
- 97. Amendment of section 12D (adjustment of tax deductible in certain circumstances) of Principal Act.
- 98. Capital goods scheme.
- 99. Amendment of section 14 (determination of tax due by reference to cash receipts) of Principal Act.
- 100. Amendment of section 16 (duty to keep records) of Principal Act.
- 101. Amendment of section 17 (invoices) of Principal Act.
- 102. Amendment of section 19 (tax due and payable) of Principal Act.
- 103. Amendment of section 26 (penalties generally) of Principal Act.
- 104. Amendment of section 27 (fraudulent returns, etc.) of Principal Act.
- 105. Amendment of section 32 (regulations) of Principal Act.
- 106. Amendment of First Schedule to Principal Act.
- 107. Amendment of Sixth Schedule to Principal Act.
- 108. Amendment of penalties (Part 3).
- 109. Miscellaneous amendments relating to amendment of definition of taxable person.
- PART 4 STAMP DUTIES
- 110. Interpretation (Part 4).
- 111. Electronic stamping of instruments.
- 112. Amendment of section 5 (agreement as to payment of stamp duty on instruments) of Principal Act.
- 113. Amendment of section 45A (aggregation of transactions) of Principal Act.
- 114. Amendment of section 75 (relief for intermediaries) of Principal Act.
- 115. Amendment of section 79 (conveyances and transfers of property between certain bodies corporate) of Principal Act.
- 116. Amendment of section 80 (reconstructions or amalgamations of companies) of Principal Act.
- 117. Amendment of section 83A (transfer of site to child) of Principal Act.
- 118. Amendment of section 85 (certain loan capital and securities) of Principal Act.
- 119. Reconstructions or amalgamations of certain investment undertakings.
- 120. Greenhouse gas emissions allowance.
- 121. Housing authorities and Affordable Homes Partnership.
- 122. Owner-occupier reliefs: Amendment of Chapter 2 (other instruments) of Part 7 of Principal Act.
- 123. Amendment of Part 9 (levies) of Principal Act.
- 124. Assessment of duty charged on statements.
- 125. Amendment of Schedule 1 to Principal Act.
- PART 5 CAPITAL ACQUISITIONS TAX
- 126. Interpretation (Part 5).
- 127. Amendment of section 57 (overpayment of tax) of Principal Act.
- 128. Amendment of section 62 (certificate relating to registration of title based on possession) of Principal Act.
- 129. Amendment of section 106 (arrangements for relief from double taxation) of Principal Act.
- PART 6 MISCELLANEOUS
- 130. Interpretation (Part 6).
- 131. Amendment of section 1003 (payment of tax by means of donation of heritage items) of Principal Act.
- 132. Amendment of section 1003A (payment of tax by means of donation of heritage property to Irish Heritage Trust) of Principal Act.
- 133. Amendment of section 891B (returns of certain payments made by certain persons) of Principal Act.
- 134. Questioning of suspects in Garda Síochána custody in certain circumstances.
- 135. Amendment of section 818 [interpretation (Part 34)] of Principal Act.
- 136. Amendment of section 888 (returns etc. by lessors, lessees and agents) of Principal Act.
- 137. Miscellaneous amendments in relation to claims for repayment of tax.
- 138. Amendment of penalties on summary conviction for certain revenue offences.
- 139. Provisions relating to certain customs regulations.
- 140. Amendment of section 811A (transactions to avoid liability to tax: Surcharge, interest and protective notifications) of Principal Act.
- 141. Miscellaneous technical amendments in relation to tax.
- 142. Capital Services Redemption Account.
- 143. Care and management of taxes and duties.
- 144. Short title, construction and commencement.
- SCHEDULE 1 AMENDMENTS CONSEQUENTIAL ON CHANGES IN PERSONAL TAX CREDITS
- SCHEDULE 2 RATES OF ELECTRICITY TAX
- SCHEDULE 3 REPEALS RELATING TO EXCISE LAW
- SCHEDULE 4 MISCELLANEOUS AMENDMENTS RELATING TO THE AMENDMENT OF THE DEFINITION OF TAXABLE PERSON
- SCHEDULE 5 STAMP DUTY ON INSTRUMENTS
- SCHEDULE 6 MISCELLANEOUS AMENDMENTS IN RELATION TO CLAIMS FOR REPAYMENT OF TAX
- SCHEDULE 7 PROVISIONS RELATING TO CERTAIN CUSTOMS REGULATIONS
- SCHEDULE 8 MISCELLANEOUS TECHNICAL AMENDMENTS IN RELATION TO TAX
- TABLES