Finance Act, 1995

Amendment of section 152 (application of Part III (Schedule C) and section 52 (Schedule D) of Income Tax Act, 1967) of Finance Act, 1994.

169.—(1) Section 152 of the Finance Act, 1994 , is hereby amended by the substitution of the following proviso for the proviso to subsection (1):

“Provided that this section shall not apply in respect of—

(a) the income of an individual derived from one or more of the following, that is to say, a trade or profession, no part of which is carried on in the State or an office or employment all the duties of which are performed outside the State, and

(b) other income of an individual which in any year of assessment does not exceed £3,000.”.

(2) This section shall be deemed to apply and have effect as on and from the 23rd day of May, 1994.