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Taxes Consolidation Act, 1997 (Number 39 of 1997)

14 Fractions of a pound and yearly assessments.

[ITA67 s5 and s6; FA70 s3]

(1) The due proportion of income tax shall be charged for every fractional part of [2]>one pound<[2][2]>one euro<[2], but no income tax shall be charged on a lower denomination than [3]>one penny<[3][3]>one cent<[3].

[1]>

(2) Every assessment and charge to income tax shall be made for a year commencing on the 6th day of April and ending on the following 5th day of April.

<[1]

[1]>

(2) Every assessment and charge to income tax shall be made for a year of assessment.

<[1]

[1]

[-] [+]

Substituted by FA01 s77(1)(c).

[2]

[-] [+]

Substituted by FA01 sched5.

[3]

[-] [+]

Substituted by FA01 sched5.