IE
FINANCE ACT, 1985
Statutory Text (2 Articles)
FIRST SCHEDULE Amendment of Enactments
Amendment of Enactments
Section 3.
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 138—
(i) in paragraph (a), by the substitution of “£3,800” for “£3,600” (inserted by the Finance Act, 1984),
(ii) in paragraph (b), by the substitution of “£2,400” for “£2,300” (inserted by the Finance Act, 1984) and of “£3,800” for “£3,600” (inserted by the Finance Act, 1984), and
(iii) in paragraph (c), by the substitution of “£1,900” for “£1,800” (inserted by the Finance Act, 1984), and
(b) in section 141 (1A), by the substitution, in paragraphs (b) and (c), of “£600” for “£500” (inserted by the Finance Act, 1981) in each place where it occurs.
2. Section 3 of the Finance Act, 1969, is hereby amended, in subsection (1), by the substitution of “£2,500” for “£2,000” (inserted by the Finance Act, 1984) in each place where it occurs.
3. Section 11 of the Finance Act, 1971, is hereby amended, in subsection (2), by the substitution of “£600” for “£500” (inserted by the Finance Act, 1982) in each place where it occurs and of “£1,400” for “£1,200” (inserted by the Finance Act, 1982).
SECOND SCHEDULE Rates of Excise Duty on Tobacco Products
Rates of Excise Duty on Tobacco Products
Section 27.
Description of Product
Description of Product
Rate of Duty
Rate of Duty
Cigarettes
Cigarettes
£33.20 per thousand together with an amount equal to 14.89 per cent. of the price at which the cigarettes are sold by retail.
£33.20 per thousand together with an amount equal to 14.89 per cent. of the price at which the cigarettes are sold by retail.
Cigars
Cigars
£50.296 per kilogram
£50.296 per kilogram
Cavendish or negrohead
Cavendish or negrohead
£50.826 per kilogram
£50.826 per kilogram
Hard pressed tobacco
Hard pressed tobacco
£32.504 per kilogram
£32.504 per kilogram
Other pipe tobacco
Other pipe tobacco
£40.858 per kilogram
£40.858 per kilogram
Other smoking or chewing tobacco
Other smoking or chewing tobacco
£42.443 per kilogram
£42.443 per kilogram