First Previous (PART 4 Stamp Duties ) Next (PART 6 Miscellaneous )

12 2009

Finance Act 2009

PART 5

Capital Acquisitions Tax

Amendment of Schedule 2 (computation of tax) to Capital Acquisitions Tax Consolidation Act 2003.

27 .— (1) Schedule 2 to the Capital Acquisitions Tax Consolidation Act 2003 is amended—

(a) in the definition of “ group threshold ” in paragraph 1 of Part 1—

(i) in subparagraph (a) by substituting “€304,775” for “€381,000”,

(ii) in subparagraph (b) by substituting “€30,478” for “€38,100”, and

(iii) in subparagraph (c) by substituting “€15,239” for “€19,050”,

and

(b) by substituting “25” for “22” in the Table in Part 2.

(2) This section applies to gifts and inheritances taken on or after 8 April 2009.