Finance Act, 1982
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Chapter IV Income Tax and Corporation Tax | ||
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Exemption of employment payments and grants. |
18.—(1) A payment or grant to which this section applies shall be disregarded for all the purposes of the Tax Acts. | |
(2) This section applies to any payment or grant made, whether before or after the passing of this Act, being— | ||
(a) a payment to an employer under the Employers' Employment Contribution Scheme in respect of a person employed by him, or | ||
(b) an employment grant under section 2 of the Industrial Development (No. 2) Act, 1981 . |