Finance (No. 3) Act 2011
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Short title, collective citation, construction and commencement. |
5.— (1) This Act may be cited as the Finance (No. 3) Act 2011. | |
(2) Subject to subsections (3) to (7), section 1 and Schedule 1 shall be construed together with— | ||
(a) in so far as they relate to income tax and corporation tax, the Tax Acts, and | ||
(b) in so far as they relate to capital gains tax, the Capital Gains Tax Acts. | ||
(3) Section 1 and Schedule 1 , in so far as they relate to domicile levy, shall be construed together with Part 18C of the Taxes Consolidation Act 1997 . | ||
(4) Section 1 and Schedule 1 , in so far as they relate to universal social charge, shall be construed together with Part 18D of the Taxes Consolidation Act 1997 . | ||
(5) Section 1 and Schedule 1 , in so far as they relate to stamp duties, and section 2 and Schedule 2 , shall be construed together with the Stamp Duties Consolidation Act 1999 and the enactments amending or extending that Act. | ||
(6) Section 1 and Schedule 1 , in so far as they relate to gift tax and inheritance tax, and section 3 and Schedule 3 , shall be construed together with the Capital Acquisitions Tax Consolidation Act 2003 and the enactments amending or extending that Act. | ||
(7) Section 1 and Schedule 1 , in so far as they relate to value-added tax, and section 4 and Schedule 4 shall be construed together with the Value-Added Tax Consolidation Act 2010 and the collective citation “the Value-Added Tax Acts” shall include those sections and those items of those Schedules. | ||
(8) Subject to subsection (9), this Act shall be deemed to have come into operation— | ||
(a) in relation to income tax, domicile levy and universal social charge, for the year of assessment (within the meaning of the Income Tax Acts) 2011 and subsequent years of assessment, | ||
(b) in relation to corporation tax (within the meaning of the Corporation Tax Acts) for accounting periods of companies (within that meaning) ending on or after the passing of this Act, | ||
(c) in relation to capital gains tax, for the year of assessment (within the meaning of the Capital Gains Tax Acts) 2011 and subsequent years of assessment, | ||
(d) in relation to stamp duty, as respects an instrument executed on or after 1 January 2011, and | ||
(e) in relation to capital acquisitions tax, as respects a gift (within the meaning of the Capital Acquisitions Tax Consolidation Act 2003 ) or an inheritance (within that meaning) taken on or after 1 January 2011. | ||
(9) (a) The amendments made in items 7, 10, 12, 14, 15, 16, 17, 18, 19, 20, 25, 27, 28, 41, 42, 55, 61, 63, 65, 72, 116, 117, 118, 119, 132, 135, 136, 137, 138, 139, 140, 141, 145, 146, 154, 157, 166, 167, 168, 169, 170, 171, 172, 173, 174, 221, 222, 226, 227, 236, 237, 238, 239, 240, 241, 242, 243, 244, 245, 246, 247, 249, 250, 251, 252, 253 and 254 of Schedule 1 shall have effect from the passing of this Act. | ||
(b) The amendments made in items 3, 5, 6, 7, 8, 14, 15 and 22 of Schedule 3 shall apply to gifts and inheritances taken on or after the passing of this Act. |