FINANCE ACT, 1994 (1994_act_13) | IE

ISB Act 1994-05-23

Schedule 1 FINANCE ACT, 1994 Open official source

FIRST SCHEDULE Amendments Consequential on Changes in Personal Reliefs

Amendments Consequential on Changes in Personal Reliefs

Section 3..

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 “£4,700” for “£4,350” (inserted by the Finance Act, 1993),

(ii) in paragraph (b) (as amended by the Finance Act, 1988), by the substitution of “£2,850” and “£4,700”, respectively, for “£2,675” and “£4,350” (inserted by the Finance Act, 1993), and

(iii) in paragraph (c), by the substitution of “£2,350” for “£2,175” (inserted by the Finance Act, 1993),

and

(b) in section 138A (2) (inserted by the Finance Act, 1985), by the substitution of “£1,850” and “£2,350”, respectively, for “£1,675” and “£2,175” (inserted by the Finance Act, 1993).

ISB Act 1994-05-23

Schedule 2 FINANCE ACT, 1994 Open official source

SECOND SCHEDULE Exemption of Specified Non-Commercial State-Sponsored Bodies from Certain Tax Provisions

Exemption of Specified Non-Commercial State-Sponsored Bodies from Certain Tax Provisions

Section 32.

1. Agency for Personal Service Overseas.

2. Beaumont Hospital Board.

3. Blood Transfusion Service Board.

4. Board for Employment of the Blind.

5. An Bord Altranais.

6. Bord Fáilte Éireann.

7. An Bord Glas.

8. An Bord Iascaigh Mhara.

9. Bord na Gaeilge.

10. Bord na Leabhar Gaeilge.

11. Bord na Radharcmhastóirí.

12. An Bord Pleanála.

13. Bord Scoláireachtaí Comalairte.

14. An Bord Tráchtála—The Irish Trade Board.

15. An Bord Uchtála.

16. Building Regulations Advisory Body.

17. The Central Fisheries Board.

18. CERT Limited.

19. The Chester Beatty Library.

20. An Chomhairle Ealaíon.

21. An Chomhairle Leabharlanna.

22. Coiste An Asgard.

23. Combat Poverty Agency.

24. Comhairle na Nimheanna.

25. Comhairle na n-Ospidéal.

26. Córas Beostoic agus Feola.

27. Cork Hospitals Board.

28. Criminal Injuries Compensation Tribunal.

29. Dental Council.

30. Drug Treatment Centre Board.

31. Dublin Dental Hospital Board.

32. Dublin Institute for Advanced Studies.

33. Eastern Regional Fisheries Board.

34. Economic and Social Research Institute.

35. Employment Equality Agency.

36. Environmental Protection Agency—An Ghníomhaireacht um Chaomhnú Comhshaoil.

37. Eolas—The Irish Science and Technology Agency.

38. Federated Dublin Voluntary Hospitals.

39. Fire Services Council.

40. An Foras Áiseanna Saothair.

41. Forbairt.

42. Forfás.

43. The Foyle Fisheries Commission.

44. Garda Síochána Appeal Board.

45. Garda Síochána Complaints Board.

46. General Medical Services (Payments) Board.

47. Health Research Board—An Bord Taighde Sláinte.

48. Higher Education Authority.

49. Hospital Bodies Administrative Bureau.

50. Hospitals Trust Board.

51. The Independent Radio and Television Commission—An Coimisiún um Raidio agus Teilifís Neamhspleách.

52. The Industrial Development Agency (Ireland).

53. The Industrial Development Authority.

54. Institiúid Teangeolaíochta Éireann.

55. Institute of Public Administration.

56. The Irish Film Board.

57. The Labour Relations Commission.

58. Law Reform Commission.

59. The Legal Aid Board.

60. Leopardstown Park Hospital Board.

61. Local Government Computer Services Board—An Bord Seirbhísí Ríomhaire Rialtais Aitiúil.

62. Local Government Staff Negotiations Board—An Bord Comhchaibidlí Foirne Rialtais Aitiúil.

63. The Marine Institute.

64. Medical Bureau of Road Safety—An Lia-Bhiúró um Shábháiltacht ar Bhóithre.

65. The Medical Council.

66. The National Authority for Occupational Safety and Health—An tÚdarás Náisiúnta um Shábháilteachta agus Sláinte Ceirde.

67. National Cancer Registry.

68. The National Concert Hall Company Limited—An Ceoláras Náisiúnta.

69. National Council for Educational Awards.

70. National Council for the Elderly.

71. National Drugs Advisory Board.

72. The National Economic and Social Council.

73. The National Economic and Social Forum.

74. National Health Council.

75. National Heritage Council—Comhairle Na hOidhreacha Náisiúnta.

76. National Rehabilitation Board.

77. The National Roads Authority—An tÚdarás um Bóithre Náisiúnta.

78. National Safety Council—Comhairle Sábháiltacht Náisiúnta.

79. National Social Services Board.

80. The Northern Regional Fisheries Board.

81. The North Western Regional Fisheries Board.

82. Office of the Data Protection Commissioner.

83. The Pensions Board.

84. Postgraduate Medical and Dental Board.

85. The Radiological Protection Institute of Ireland.

86. The Refugee Agency.

87. Rent Tribunal.

88. Royal Hospital Kilmainham Company.

89. Saint James's Hospital Board.

90. Saint Luke's and St. Anne's Hospital Board.

91. Salmon Research Agency of Ireland Incorporated.

92. Shannon Free Airport Development Company Limited.

93. The Shannon Regional Fisheries Board.

94. The Southern Regional Fisheries Board.

95. The South Western Regional Fisheries Board.

96. Tallaght Hospital Board.

97. Teagasc.

98. Temple Bar Renewal Limited.

99. Údarás na Gaeltachta.

ISB Act 1994-05-23

Schedule 3 FINANCE ACT, 1994 Open official source

THIRD SCHEDULE Rates of Excise Duty on Tobacco Products

Rates of Excise Duty on Tobacco Products

Section 79.

Description of Product

Rate of Duty

Cigarettes

£53.25 per thousand together with an amount equal to 16.83 per cent. of the price at which the cigarettes are sold by retail

Cigars

£81.702 per kilogram

Fine-cut tobacco for the rolling of cigarettes

£68.944 per kilogram

Other smoking tobacco

£56.682 per kilogram

ISB Act 1994-05-23

Schedule 4 FINANCE ACT, 1994 Open official source

FOURTH SCHEDULE Rates of Excise Duty on Cider and Perry

Rates of Excise Duty on Cider and Perry

Section 82.

Description of Cider and Perry

Rate of Duty

Still and Sparkling

Of an actual alcoholic strength by volume not exceeding 6 vol

£35.03 per hectolitre

Of an actual alcoholic strength by volume exceeding 6 vol but not exceeding 8.5 vol

£151.59 per hectolitre

Still

Of an actual alcoholic strength by volume exceeding 8.5 vol but not exceeding 15 vol

£215.01 per hectolitre

Of an actual alcoholic strength by volume exceeding 15 vol

£311.97 per hectolitre

Sparkling

Of an actual alcoholic strength by volume exceeding 8.5 vol

£430.02 per hectolitre

ISB Act 1994-05-23

Schedule 5 FINANCE ACT, 1994 Open official source

FIFTH SCHEDULE Rates of Excise Duty on Wine and Made Wine

Rates of Excise Duty on Wine and Made Wine

Section 83.

Description of Wine and Made Wine

Rate of Duty

Still and Sparkling

Of an actual alcoholic strength by volume not exceeding 5.5 vol

£71.66 per hectolitre

Still

Of an actual alcoholic strength by volume exceeding 5.5 vol but not exceeding 15 vol

£215.01 per hectolitre

Of an actual alcoholic strength by volume exceeding 15 vol

£311.97 per hectolitre

Sparkling

Of an actual alcoholic strength by volume exceeding 5.5 vol

£430.02 per hectolitre

ISB Act 1994-05-23

Schedule 6 FINANCE ACT, 1994 Open official source

SIXTH SCHEDULE Qualifications for Applying for Relief from Stamp Duty in respect of Transfers to Young Trained Farmers

Qualifications for Applying for Relief from Stamp Duty in respect of Transfers to Young Trained Farmers

Section 112.

1. Qualifications awarded by Teagasc

(a) Certificate in Farming;

(b) Diploma in Commercial Horticulture;

(c) Diploma in Amenity Horticulture;

(d) Diploma in Pig Production;

(e) Diploma in Poultry Production.

2. Qualifications awarded by the Farm Apprenticeship Board

(a) Certificate in Farm Management;

(b) Certificate in Farm Husbandry;

(c) Trainee Farmer Certificate.

3. Qualifications awarded by a third-level institution

(a) Degree in Agricultural Science awarded by the National University of Ireland through University College Dublin;

(b) Degree in Horticultural Science awarded by the National University of Ireland through University College Dublin;

(c) Degree in Veterinary Science awarded by the National University of Ireland through University College Dublin;

(d) Degree in Rural Science awarded by the National University of Ireland through University College Cork or by the University of Limerick;

(e) Diploma in Rural Science awarded by the National University of Ireland through University College Cork;

(f) Degree in Dairy Science awarded by the National University of Ireland through University College Cork;

(g) Diploma in Dairy Science awarded by the National University of Ireland through University College Cork.

4. Certificates awarded by the National Council for Educational Awards

(a) National Certificate in Agricultural Science studied through Kildalton Agricultural College and Waterford Regional Technical College;

(b) National Certificate in Business Studies (Agri-business) studied through the Franciscan Brothers Agricultural College, Mountbellew, and Galway Regional Technical College.

ISB Act 1994-05-23

Schedule 7 FINANCE ACT, 1994 Open official source

SEVENTH SCHEDULE Computation of Residential Property Tax

Computation of Residential Property Tax

Section 116.

1. In this Schedule—

M is the market value exemption limit, and

G is the general exemption limit.

2. Subject to the provisions of paragraph 3, tax chargeable on the net market value shall be computed in accordance with the rates specified in column (2) of the following Table

TABLE

Net Market Value

Rates

(1)

(2)

1 per cent.

1.5 per cent.

The remainder

2 per cent.

3. Where the net market value, when multiplied by does not exceed £25,000, tax chargeable on the net market value shall be computed in accordance with the following Table

TABLE

Net Market Value

Tax Chargeable

(1)

(2)

FINANCE ACT, 1994

Table of Provisions (7)

Statutory Text (7 Articles)

Need to analyze how this provision applies to your matter?