Finance Act 2011

Chapter 2

Income Levy and Universal Social Charge

Cessation of charge to income levy.

2.— The Principal Act is amended in Part 18A by inserting the following after section 531N:

“Cessation of charge to income levy.

531NA.— Subject to section 531AY, income levy shall cease to be charged, in accordance with this Part, for the year of assessment 2011 and subsequent years of assessment.”.