|
[GA]
| |
| [GA] | |
FIRST SCHEDULE
Amendment of Enactments
|
| |
Section 10
.
|
| |
PART I
|
| |
Amendments Consequential on Changes in Personal Reliefs
|
| |
The
Income Tax Act, 1967
, is hereby amended in accordance with the following provisions of this paragraph:
|
| |
(i) In section 138—
|
| |
(a) in subsection (1), for “£920”, in each place where it occurs, there shall be substituted “£1,010”, for “£575” there shall be substituted “£620”, and for “£1,035” there shall be substituted “£1,125”,
|
| |
(b) in subsection (2), for “£575”, in each place where it occurs, there shall be substituted “£620”, and for “£635” there shall be substituted “£685”.
|
| |
(ii) In section 141, in subsection (1A), for “£230” there shall be substituted “£240” and for “£310”, in each place where it occurs, there shall be substituted “£320”.
|
| |
PART II
|
| |
Amendments Consequential on Certain Amendments of Value-Added Tax Act, 1972
|
| |
Section 61.
|
| | |
Number and Year
|
Short Title
|
Amendment
|
|
(1)
|
(2)
|
(3)
|
|
No. 22 of 1972
|
Value-Added Tax Act, 1972
.
|
In
section 1
(1) the following definition shall be inserted:
|
|
|
|
“‘fur skin’ means any skin with the fur, hair or wool attached except skin of woolled sheep or lamb;”.
|
|
|
|
In
section 3
(5) (b) “either of the rates” shall be substituted for “the rate”.
|
|
|
|
In
section 10
(2A) (b) (ii) (inserted by the
Finance Act, 1975
) “either of the rates” shall be substituted for “the rate”.
|
|
|
|
In
section 10
—
|
|
|
|
(a) in subsection (7), “10 per cent.” shall be substituted for “14·81 per cent.” (inserted by the
Finance Act, 1973
), and
|
|
|
|
(b) in subsection (8) (b), “30 per cent.” shall be substituted for “45 per cent.” (inserted by the
Finance Act, 1973
).
|
|
|
|
In section 11—
|
|
|
|
(a) in subsection (2) (b) (inserted by the
Finance Act, 1975
) “a rate” shall be substituted for “the rate”, and
|
|
|
|
(b) in subsection (3), “paragraph (xxix)” shall be substituted for “paragraph (xxxii)”.
|
|
|
|
In section 15—
|
|
|
|
(a) in subsection (1), the following paragraph shall be substituted for paragraph (b):
|
|
|
|
“(b) (i) on goods of a kind specified in Part I of the Fourth Schedule at the rate specified in section 11 (1) (c) (i) on the value of the goods,
(ii) on goods of a kind specified in Part II of the Fourth Schedule at the rate specified in section 11 (1) (c) (ii) on the value of the goods, and”,
|
|
|
|
and
|
|
|
|
(b) in subsection (4) (b), “10 per cent.” shall be substituted for “14·81 per cent.” (inserted by the
Finance Act, 1973
).
|
|
