Finance Act, 1994
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Amendment of section 18 (date for payment of tax) of Finance Act, 1988. |
13.— Section 18 (as amended by the Finance Act, 1993 ) of the Finance Act, 1988 , is hereby amended by the substitution, in paragraph (b) of subsection (3), of the following proviso for the additional proviso (inserted by the Finance Act, 1991 ) to subparagraph (ii): | |
“Provided also that, for the purpose of this subparagraph, where the chargeable person is chargeable to income tax— | ||
(a) for a chargeable period being the year of assessment 1991-92 or any subsequent year of assessment, the tax payable for the immediately preceding chargeable period shall be determined without regard to any relief to which the chargeable person is, or may become, entitled for that immediately preceding chargeable period under Chapter III of Part I of the Finance Act, 1984 ; | ||
(b) for a chargeable period being the year of assessment 1994-95 or any subsequent year of assessment, the tax payable for the immediately preceding chargeable period shall be determined without regard to any relief to which the chargeable person is, or may become, entitled for that immediately preceding chargeable period under section 35 (as amended by the Finance Act, 1994) of the Finance Act, 1987 ; | ||
(c) for a chargeable period being the year of assessment 1994-95, the tax payable for the immediately preceding chargeable period shall be determined as if section 9 of the Finance Act, 1993 , had not been enacted,”. |