FINANCE ACT, 1981 (1981_act_16) | IE

ISB Act 1981-05-28

Schedule 1 FINANCE ACT, 1981 Open official source

FIRST SCHEDULE Amendment of Enactments

Amendment of Enactments

Section 2.

Amendments Consequential on Changes in Personal Reliefs

1. The Income Tax Act, 1967, is hereby amended in accordance with the following provisions

(a) in section 138A, for “£500” there shall be substituted “£650”,

(b) in section 138B(1), for “£400” in each place where it occurs, there shall be substituted “£600”,

(c) in section 141(1A), in paragraphs (b) and (c), for “£390” in each place where it occurs, there shall be substituted “£500”.

2. Section 3 of the Finance Act, 1969, is hereby amended by the substitution in subsection (1) of “£500” for “£330”.

3. Section 11 of the Finance Act, 1971, is hereby amended by the substitution in subsection (2) of “£400” for “£330” in each place where it occurs and of “£1,000” for “£660”.

ISB Act 1981-05-28

Schedule 2 FINANCE ACT, 1981 Open official source

SECOND SCHEDULE Rates of Excise Duty on Tobacco Products

Rates of Excise Duty on Tobacco Products

Section 32.

Description of Product

Rate of Duty

Cigarettes

£15.30 per thousand together with an amount equal to 22.4 per cent. of the price at which the cigarettes are sold by retail.

Cigars

£28.614 per kilogram

Cavendish or negrohead

£28.915 per kilogram

Hard pressed tobacco

£18.492 per kilogram

Other pipe tobacco

£23.244 per kilogram

Other smoking or chewing tobacco

£24.146 per kilogram

ISB Act 1981-05-28

Schedule 3 FINANCE ACT, 1981 Open official source

THIRD SCHEDULE Rates of Excise Duty on Spirits

Rates of Excise Duty on Spirits

Section 33.

Description of Spirits

Rate of Duty

Spirits of any description not mentioned hereinafter and imported mixtures and preparations containing spirits

£20.922 per litre of alcohol in the spirits

Imported perfumed spirits entered in such manner as to indicate that the strength is not to be tested

£19.039 per litre

Imported liqueurs, cordials, mixtures and other preparations in bottle entered in such manner as to indicate that the strength is not to be tested

£16.110 per litre

ISB Act 1981-05-28

Schedule 4 FINANCE ACT, 1981 Open official source

FOURTH SCHEDULE Rates of Excise Duty on Wine

Rates of Excise Duty on Wine

Section 34.

PART I

Description of Wine

Rate of Duty

Still

Of an actual alcoholic strength by volume not exceeding 15 vol

£1.40 per litre

Of an actual alcoholic strength by volume exceeding 15 vol but not exceeding 18 vol

£1.98 per litre

Of an actual alcoholic strength by volume exceeding 18 vol but not exceeding 22 vol

£2.56 per litre

Sparkling

£2.78 per litre

Wine whether still or sparkling of an actual alcoholic strength by volume exceeding 22 vol

An additional duty for every 1 vol or fraction of 1 vol above 22 vol

£0.20 per litre

PART II Rates of Excise Duty on Made Wine

PART II

Rates of Excise Duty on Made Wine

Description of Made Wine

Rate of Duty

Still

Of an actual alcoholic strength by volume not exceeding 15 vol

£1.31per litre

Of an actual alcoholic strength by volume exceeding 15 vol but not exceeding 18 vol

£1.83 per litre

Of an actual alcoholic strength by volume exceeding 18 vol but not exceeding 22 vol

£2.29 per litre

Sparkling

£2.49 per litre

Whether still or sparkling of an actual alcoholic strength by volume exceeding 22 vol

An additional duty for every 1 vol or fraction of 1 vol above 22 vol

£0.20 per litre

ISB Act 1981-05-28

Schedule 5 FINANCE ACT, 1981 Open official source

FIFTH SCHEDULE Rates of Excise Duty on Televisions

Rates of Excise Duty on Televisions

Section 36.

Description of Televisions

Rate of Duty

Colour televisions

with a screen the maximum dimension of which does not exceed seventeen inches

£57 the television

with a screen the maximum dimension of which exceeds seventeen inches and does not exceed twenty-four inches

£72 the television

with a screen the maximum dimension of which exceeds twenty-four inches

£89 the television

Monochrome televisions

with a screen the maximum dimension of which does not exceed seventeen inches

£18 the television

with a screen the maximum dimension of which exceeds seventeen inches

£28 the television

FINANCE ACT, 1981

Statutory Text (5 Articles)

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