Finance Act 2008

SCHEDULE 1

Amendments Consequential on Changes in Personal Tax Credits

Section 3 .

As respects the year of assessment 2008 and subsequent years of assessment, the Taxes Consolidation Act 1997 is amended as follows:

(a) in section 461, by substituting “€3,660” for “€3,520”, in both places where it occurs, and “€1,830” for “€1,760”;

(b) in section 461A, by substituting “€600” for “€550”;

(c) in section 462, by substituting “€1,830” for “€1,760” in subsection (2);

(d) in section 463, by substituting “€4,000”, “€3,500”, “€3,000”, “€2,500” and “€2,000” respectively for “€3,750”, “€3,250”, “€2,750”, “€2,250” and “€1,750” in subsection (2);

(e) in section 464, by substituting “€650” and “€325”, respectively for “€550” and “€275”;

(f) in section 465, by substituting “€3,660” for “€3,000” in subsection (1);

(g) in section 466A, by substituting “€900” for “€770” in subsection (2);

(h) in section 468, by substituting “€1,830” and “€3,660”, respectively for “€1,760” and “€3,520” in subsection (2); and

(i) in section 472, by substituting “€1,830” for “€1,760”, in both places where it occurs, in subsection (4).