Taxes Consolidation Act, 1997

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PART 15

Personal Allowances and Reliefs and Certain Other Income Tax and Corporation Tax Reliefs

CHAPTER 1

Personal allowances and reliefs

Deductions allowed in ascertaining taxable income and provisions relating to reductions in tax.

[ITA67 s137; FA96 s132(1) and Sch5 par1(3); FA97 s8(8), s57(4) and s146(1) and Sch9 PtI par1(8)]

458.—(1) An individual who, in the manner prescribed by the Income Tax Acts, makes a claim in that behalf and makes a return in the prescribed form of the individual's total income shall be entitled—

(a) for the purpose of ascertaining the amount of the income on which he or she is to be charged to income tax (in the Income Tax Acts referred to as “the taxable income”) to have such deductions as are specified in the provisions referred to in Part 1 of the Table to this section, but subject to those provisions, made from the individual's total income, and

(b) to have such reductions as are specified in the provisions referred to in Part 2 of that Table, but subject to those provisions, made in the income tax to be charged on the individual.

(2) Subsections (3) and (4) of section 459 and paragraph 8 of Schedule 28 shall apply for the purposes of claims for—

(a) any such deductions from total income as are specified in the provisions referred to in Part 1 of the Table to this section, and

(b) any such reductions in tax as are specified in the provisions referred to in Part 2 of the Table to this section.

TABLE

Part 1

Section 328

Section 337

Section 349

Section 364

Section 371

Section 461

Section 462

Section 463

Section 464

Section 465

Section 466

Section 467

Section 468

Section 469

Section 471

Section 472

Section 473(2)

Section 479

Section 481

Section 489

Paragraphs 12 and 20 of Schedule 32

Part 2

Section 244

Section 470

Section 473(3)

Section 474

Section 475

Section 476

Section 477

Section 478