Final Settlement System (FSS) (Amendment) Rules 2012

L.N. 323 of 2012

INCOME TAX MANAGEMENT ACT

(CAP. 372)

Final Settlement System (FSS) (Amendment) Rules 2012

IN EXERCISE of the powers conferred by articles 23 and 58 of

the Income Tax Management Act, the Minister of Finance, the

Economy and Investment has made the following rules:-

(1) The title of these rules is the Final Settlement Title and

System (FSS) (Amendment) Rules, 2012, and these rules shall be commencement.

read and construed as one with the Final Settlement System (FSS) S.L. 372.14

Rules, hereinafter referred to as " the principal rules".

(2) These rules shall come into force as from the year of

assessment 2013.

Schedule A to the principal rules shall be substituted by the Substitutes

Schedule A to

Schedule to these rules.

the principal

rules.

In item 1(i) of Part II of Schedule B to the principal rules, Amends

Schedule B to

the words " (i.e. "Single" or " Married")" shall be deleted.

the principal

rules.

In Schedule C to the principal rules, for the words " Subject Amends

to a maximum of €465" which occur in the heading of the Table Schedule

the principal

thereof, there shall be substituted the words " Subject to a maximum rules.

of €1000"; and for the words "€465 or an amount equivalent to the

value" which occur under the sub-heading "Fringe Benefits" of the

Table thereof, there shall be substituted the words "€1000 or an

amount equivalent to the value ".

B

Schedule A

(Rule 3)

"

".

€0.18