|
|
Number 8 of 2004
|
|
FINANCE ACT 2004
|
|
ARRANGEMENT OF SECTIONS
|
PART 1
|
Income Tax, Corporation Tax and Capital Gains Tax
|
Chapter 1
|
Interpretation
|
Section
|
|
1.
|
Interpretation (Part 1).
|
|
Chapter 2
|
Income Tax
|
2.
|
Age exemption.
|
3.
|
Employee tax credit.
|
4.
|
Amendment of section 472C (relief for trade union subscriptions) of Principal Act.
|
5.
|
Amendment of Schedule 13 (accountable persons for purposes of Chapter 1 of Part 18) to Principal Act.
|
6.
|
Amendment of section 189 (payments in respect of personal injuries) of Principal Act.
|
7.
|
Exemption in respect of certain payments under employment law.
|
8.
|
Exemption in respect of certain benefits-in-kind.
|
9.
|
Amendment of Chapter 4 (collection and recovery of income tax on certain emoluments (PAYE system)) of Part 42 of Principal Act.
|
10.
|
Amendment of section 122 (preferential loan arrangements) of Principal Act.
|
11.
|
Amendment of section 470 (relief for insurance against expenses of illness) of Principal Act.
|
12.
|
Payments under Scéim na bhFoghlaimeoirí Gaeilge.
|
13.
|
Amendment of Chapter 2 (farming: relief for increase in stock values) of Part 23 of Principal Act.
|
14.
|
Amendment of section 664 (relief for certain income from leasing of farm land) of Principal Act.
|
15.
|
Amendment of Schedule 12 (employee share ownership trusts) to Principal Act.
|
16.
|
Occupational pension schemes.
|
|
Chapter 3
|
Income Tax, Corporation Tax and Capital Gains Tax
|
17.
|
Exemption from tax on certain income and gains.
|
18.
|
Amendment of Part 16 (income tax relief for investment in corporate trades — business expansion scheme and seed capital scheme) of Principal Act.
|
19.
|
Transitional arrangements in relation to section 18(1)(a)(ii).
|
20.
|
Amendment of section 531 (payments to subcontractors in certain industries) of Principal Act.
|
21.
|
Amendment of section 659 (farming: allowances for capital expenditure on the construction of farm buildings, etc., for control of pollution) of Principal Act.
|
22.
|
Restriction of relief to individuals in respect of loans applied in acquiring interest in companies.
|
23.
|
Qualifying residential units.
|
24.
|
Qualifying hospitals and qualifying sports injuries clinics.
|
25.
|
Capital allowances for hotels, holiday camps and holiday cottages.
|
26.
|
Amendment of Part 10 (income tax and corporation tax: reliefs for renewal and improvement of certain urban areas, certain resort areas and certain islands) of Principal Act.
|
27.
|
Amendment of section 843 (capital allowances for buildings used for third level education purposes) of Principal Act.
|
28.
|
Amendment of section 481 (relief for investment in films) of Principal Act.
|
29.
|
Amendment of Chapter 1A (investment undertakings) of Part 27 of Principal Act.
|
30.
|
Amendment of Chapter 4 (certain offshore funds — taxation and returns) of Part 27 of Principal Act.
|
31.
|
Amendment of Schedule 24 (relief from income tax and corporation tax by means of credit in respect of foreign tax) to Principal Act.
|
32.
|
Amendment of section 817C (restriction on deductibility of certain interest) of Principal Act.
|
|
Chapter 4
|
Corporation Tax
|
33.
|
Tax credit for research and development expenditure, etc.
|
34.
|
Amendment of section 831 (implementation of Council Directive No. 90/435/EEC concerning the common system of taxation applicable in the case of parent companies and subsidiaries of different Member States) of Principal Act.
|
35.
|
Taxation of certain short-term leases of plant and machinery.
|
36.
|
Amendment of section 434 (distributions to be taken into account and meaning of “distributable income”, “investment income”, “estate income”, etc.) of Principal Act.
|
37.
|
Amendment of section 396B (relief for certain trading losses on a value basis) of Principal Act.
|
38.
|
Amendment of section 420B (group relief: relief for certain losses on a value basis) of Principal Act.
|
39.
|
Amendment of section 486B (relief for investment in renewable energy generation) of Principal Act.
|
40.
|
Amendment of Schedule 4 (exemption of specified non-commercial State sponsored bodies from certain tax provisions) to Principal Act.
|
41.
|
Exemption from tax for certain interest and royalties payments.
|
42.
|
Exemption from tax in the case of gains on certain disposals of shares.
|
|
PART 2
|
Excise
|
43.
|
Amendment of Chapter 1 (alcohol products tax) of Part 2 of Finance Act 2003, etc.
|
44.
|
Amendment of section 93 (offences in relation to keeping, selling or delivering of unexcised spirits) of Finance Act 2003.
|
45.
|
Tobacco products.
|
46.
|
Amendment of section 104 (reliefs) of Finance Act 2001.
|
47.
|
Amendment of section 124A (administrative penalties) of Finance Act 2001.
|
48.
|
Rates of mineral oil tax.
|
49.
|
Amendment of section 94 (interpretation) of Finance Act 1999.
|
50.
|
Biofuel pilot projects.
|
51.
|
Amendment of section 100 (reliefs from mineral oil tax for certain mineral oils) of Finance Act 1999.
|
52.
|
Amendment of section 6 of Roads Act 1920.
|
53.
|
Amendment of section 141 (regulations) of Finance Act 1992.
|
|
PART 3
|
Value-Added Tax
|
54.
|
Interpretation (Part 3).
|
55.
|
Amendment of section 1 (interpretation) of Principal Act.
|
56.
|
Amendment of section 3 (supply of goods) of Principal Act.
|
57.
|
Amendment of section 4 (special provisions in relation to the supply of immovable goods) of Principal Act.
|
58.
|
Amendment of section 8 (taxable persons) of Principal Act.
|
59.
|
Amendment of section 11 (rates of tax) of Principal Act.
|
60.
|
Amendment of section 12 (deduction for tax borne or paid) of Principal Act.
|
61.
|
Amendment of section 12A (special provisions for tax invoiced by flat-rate farmers) of Principal Act.
|
62.
|
Amendment of section 15B (goods in transit (additional provisions)) of Principal Act.
|
63.
|
Amendment of section 17 (invoices) of Principal Act.
|
64.
|
Amendment of First Schedule to Principal Act.
|
65.
|
Amendment of Fourth Schedule to Principal Act.
|
|
PART 4
|
Stamp Duties
|
66.
|
Interpretation (Part 4).
|
67.
|
Amendment of section 73 (exemptions) of Principal Act.
|
68.
|
Amendment of section 80 (reconstructions or amalgamations of companies) of Principal Act.
|
69.
|
Amendment of section 81 (young trained farmers) of Principal Act.
|
70.
|
Further relief from stamp duty in respect of transfers to young trained farmers.
|
71.
|
Amendment of section 91 (new dwellinghouses and apartments with floor area certificate) of Principal Act.
|
72.
|
New dwellinghouses and apartments with floor area compliance certificate.
|
73.
|
Amendment of section 92 (new dwellinghouses and apartments with no floor area certificate) of Principal Act.
|
74.
|
Intellectual property.
|
75.
|
Amendment of section 125 (certain premiums of insurance) of Principal Act.
|
|
PART 5
|
Capital Acquisitions Tax
|
76.
|
Interpretation (Part 5).
|
77.
|
Amendment of section 2 (general interpretation) of Principal Act.
|
78.
|
Amendment of section 93 (relevant business property) of Principal Act.
|
79.
|
Amendment of section 106 (arrangements for relief from double taxation) of Principal Act.
|
|
PART 6
|
Miscellaneous
|
80.
|
Interpretation (Part 6).
|
81.
|
Sale of certain objects to Commissioners of Public Works in Ireland.
|
82.
|
Amendment of section 912A (information for tax authorities in other territories) of Principal Act.
|
83.
|
Amendment of Part 22 (provisions relating to dealing in or developing land and disposals of development land) of Principal Act.
|
84.
|
Amendment of section 962 (recovery by sheriff or county registrar) of Principal Act.
|
85.
|
Amendment of section 1003 (payment of tax by means of donation of heritage items) of Principal Act.
|
86.
|
Information in respect of certain tax expenditures.
|
87.
|
Amendment of Chapter 4 (revenue powers) of Part 38 of Principal Act.
|
88.
|
Amendment of section 908A (revenue offence: power to obtain information from financial institutions) of Principal Act.
|
89.
|
Miscellaneous technical amendments in relation to tax.
|
90.
|
Taxation of savings income in the form of interest payments.
|
91.
|
Deferred surrender to Central Fund.
|
92.
|
Capital Services Redemption Account.
|
93.
|
Care and management of taxes and duties.
|
94.
|
Short title, construction and commencement.
|
|
SCHEDULE 1
|
Exemption from Tax for Certain Interest and Royalties Payments
|
SCHEDULE 2
|
Rates of Excise Duty on Tobacco Products
|
SCHEDULE 3
|
Miscellaneous Technical Amendments in Relation to Tax
|
SCHEDULE 4
|
Taxation of Savings Income in the Form of Interest Payments
|
Acts Referred to
|
Building Control Act 1990
|
1990, No. 3
|
Capital Acquisitions Tax Act 1976
|
1976, No. 8
|
Capital Acquisitions Tax Consolidation Act 2003
|
2003, No. 1
|
Central Bank Act 1971
|
1971, No. 24
|
Central Fund (Permanent Provisions) Act 1965
|
1965, No. 26
|
Companies Act 1963
|
1963, No. 33
|
Companies Acts 1963 to 2003
|
|
Copyright and Related Rights Act 2000
|
2000, No. 28
|
Criminal Justice Act 1994
|
1994, No. 15
|
Electronic Commerce Act 2000
|
2000, No. 27
|
Exchequer and Audit Departments Act 1866
|
20 & 30 Vic., c. 39
|
Finance Act 1931
|
1931, No. 31
|
Finance Act 1950
|
1950, No. 18
|
Finance Act 1970
|
1970, No. 14
|
Finance Act 1983
|
1983, No. 15
|
Finance Act 1991
|
1991, No. 13
|
Finance Act 1992
|
1992, No. 9
|
Finance Act 1993
|
1993, No. 13
|
Finance Act 1996
|
...
|
|