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Amendment of section 8 of Principal Act.
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11.—Section 8 of the Principal Act is hereby amended—
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(a) in subsection (3) (inserted by the Act of 1978)—
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(i) by the substitution in paragraph (b) of the following subparagraph for subparagraph (iii):
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“(iii) supplies of goods and services, other than those referred to in subparagraphs (i) and (ii), the total consideration for which has not exceeded and is not likely to exceed £15,000 in any continuous period of 12 months,”,
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(ii) by the substitution of the following paragraph for paragraph (c):
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“(c) (i) subject to subparagraph (ii), a person for whose supply of taxable goods and services the total consideration has not exceeded and is not likely to exceed £30,000 in any continuous period of 12 months,
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(ii) subparagraph (i) shall apply if, but only if, not less than 90 per cent. of the total consideration referred to therein is derived from the supply of taxable goods,”,
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(iii) by the deletion of paragraph (d), and
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(iv) by the substitution of the following paragraph for paragraph (e):
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“(e) a person, other than a person to whom paragraph (a), (b) or (c) applies, for whose supply of taxable goods and services the total consideration has not exceeded and is not likely to exceed £15,000 in any continuous period of 12 months.”,
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(b) by the substitution of the following subsection for subsection (4):
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“(4) Where, by virtue of subsection (3) or (6), a person has not been a taxable person and a change of circumstances occurs from which it becomes clear that he is likely to become a taxable person, he shall be deemed, for the purposes of this Act, to be a taxable person from the beginning of the taxable period commencing next after such change.”,
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(c) in subsection (6), by the substitution in paragraph (a) of the following subparagraph for subparagraph (ii):
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“(ii) has fallen below and remains permanently below such amount as may be appropriate in the particular case having regard to paragraph (c) or (e) of subsection (3),”,
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(d) in subsection (8), by the substitution of the following for paragraph (b):
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“(b) each such person may be made jointly and severally liable to comply with all the provisions of this Act and regulations (including the provisions requiring the payment of tax) that apply to those persons and subject to the penalties under this Act to which they would be subject if each such person was liable to pay to the Revenue Commissioners the whole of the tax chargeable, apart from regulations under this subsection, in respect of all such persons:
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Provided that this subsection shall not apply to business activities consisting of the supply of immovable goods by any such person to any other such person and, where a request is made by such persons pursuant to regulations under this subsection, such business activities shall be treated for the purposes of this Act, as if the request had not been made.”,
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and
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(e) in subsection (9), by the substitution of the following paragraph for paragraph (d) in the definition of “farmer”:
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“(d) supplies of goods and services, other than those referred to in paragraphs (a), (b) and (c), the total consideration for which has not exceeded and is not likely to exceed £15,000 in any continuous period of 12 months.”.
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