Section 135C of the Finance Act 1992 is amended by substituting 31 December 2013 for 31 December 2012 in each place.

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CO 2 Emissions (CO 2 g/km) More than 130g/km up to and including 140g/km 5 More than 140g/km up to and including 155g/km More than 155g/km up to and including 170g/km More than 170g/km up to and 10 including 190g/km More than 190g/km up to and including 225g/km More than 225g/km Percentage payable of the value of the vehicle 19% or 380 whichever is the greater 23% or 460 whichever is the greater 27% or 540 whichever is the greater 30% or 600 whichever is the greater 34% or 680 whichever is the greater 36% or 720 whichever is the greater. 15 62. Section 135C of the Finance Act 1992 is amended by substituting 31 December 2013 for 31 December 2012 in each place. 63. Section 135D (inserted by section 83(1)(j) of the Finance Act 2012) of the Finance Act 1992 is amended in subsection (5) by substituting on the records maintained under section 60 of the 20 Finance Act 1993 for on the registration certificate issued in accordance with section 131(5)(a). section 135C (remission or repayment in respect of vehicle registration tax, etc.) of Finance Act 1992. section 135D (repayment of amounts of vehicle registration tax on export of certain vehicles) of Finance Act 1992. 64. Section 136 of the Finance Act 1992 is amended by substituting the following for subsection (6): (6) For the purposes of subsection (5) the Commissioners 25 may, subject to compliance with such conditions for securing payment as they may think fit to impose, permit payment of vehicle registration tax to be deferred to a day not later than the 15th day of the month following that in which the tax is charged.. section 136 (authorisation of manufacturers, distributors and dealers and periodic payment of duty) of Finance Act 1992. 30 PART 3 VALUE-ADDED TAx 65. In this Part Principal Act means the Value-Added Tax Interpretation (Part Consolidation Act 2010. 3). 66. The Principal Act is amended 35 (a) in section 28 by inserting the following after subsection (3): (4) Where, in the case of a business carried on, or that has ceased to be carried on, by an accountable person, services (being services that are supplied using the assets or part of the assets of an accountable person) are, under 40 any power exercisable by another person (including a 123 Receivers and liquidators.

receiver or liquidator), supplied by that other person in or towards the satisfaction of a debt owed by the accountable person, or in the course of winding up of a company, then those services shall be deemed to be supplied by the accountable person in the course or furtherance of his or 5 her business. (5) Where another person (including a receiver or liquidator), under any power exercisable by that other person, in or towards the satisfaction of a debt owed by a taxable person, or in the course of winding up of a 10 company (a) makes a supply consisting of a letting of immovable goods, being the assets or part of the assets of the taxable person, and (b) that other person exercises an option to tax that 15 letting in accordance with section 97(1)(a)(i), then that taxable person shall be deemed to have supplied that letting and to have exercised the option to tax., (b) in section 65(1)(b) by substituting dispose of goods or 20 supply services which pursuant to section 22(3) or 28(4) or (5) for dispose of goods which pursuant to section 22(3), (c) in section 65(4) by substituting Every person who disposes of goods or supplies services which pursuant to section 25 22(3) or 28(4) or (5) are deemed to be supplied by an accountable person in the course of his or her business shall, within 14 days of the disposal or the supply of a service, for Every person who disposes of goods which pursuant to section 22(3) are deemed to be supplied by 30 an accountable person in the course of his or her business shall, within 14 days of the disposal,, (d) in section 76(2) by substituting A person who disposes of goods or supplies services which pursuant to section 22(3) or 28(4) or (5) for A person who disposes of goods 35 which pursuant to section 22(3), (e) in section 76(2)(a)(i) by substituting the following for clause (I): (I) a true and correct return, prepared in accordance with regulations, of the total amount of tax 40 which became due by the accountable person in that period in relation to (A) the disposal of the goods, (B) the supply of the services, and (C) any adjustment required under Chapter 2 45 of Part 8 in relation to the disposal of those goods or the supply of those services., (f) in section 76(2) by substituting the following for paragraph (b): 124

(b) send to the accountable person deemed to have disposed of the goods or supplied the services a statement containing such particulars as may be specified in regulations, and, 5 (g) in section 76(2)(c) by substituting out of the proceeds of the disposal or the income from the services deemed to be supplied by the accountable person. for out of the proceeds of the disposal., and (h) in section 76(3) by substituting The owner of the goods or 10 the supplier of the services which pursuant to section 22(3) or 28(4) or (5) for The owner of the goods which pursuant to section 22(3). 67. Section 43 of the Principal Act is amended in subsection (3) (a) in paragraph (a)(i) by substituting to an accountable 15 person for to a person, and (b) by substituting the following for paragraph (b): (b) an accountable person who acquires that coupon, stamp, telephone card, token or voucher whether from the supplier referred to in para- 20 graph (a) or from any other accountable person in the course or furtherance of business, supplies it for consideration in the course or furtherance of business,. section 43 (vouchers, etc.) of 68. Section 59(1)(d) of the Principal Act is amended by substitut- 25 ing paragraph 6(1), 7(1) for paragraph 6, 7. section 59 (deduction for tax borne or paid) of 69. Section 64 of the Principal Act is amended (a) in subsection (9)(b) by substituting the following for subparagraph (i): section 64 (capital goods scheme) of (i) a connected supply occurs and the seller enters 30 into a written agreement with the purchaser to the effect that the purchaser shall be responsible for all obligations under this Chapter in relation to the capital good from the date of the supply or transfer of that 35 capital good, as if (I) the purchaser had acquired or developed the capital good at the time it was acquired or developed by the seller, (II) the total tax incurred and the amount 40 deducted by that seller in relation to that capital good were the total tax incurred and the amount deducted by the purchaser, 125 and

(III) any adjustments made in accordance with this Chapter by the seller were made by the purchaser,, (b) in subsection (9) by substituting the following for paragraph (c): 5 and (c) Where paragraph (b) applies (i) the purchaser shall: (I) be responsible for the obligations referred to in paragraph (b)(i), and (II) use the information in the copy of the 10 capital good record issued by the seller in accordance with paragraph (b)(ii) for the purposes of calculating any tax chargeable or deductible in accordance with this Chapter in 15 respect of that capital good by that purchaser from the date on which the supply or transfer referred to in paragraph (b)(i) occurs, and 20 (ii) the connected supply shall be deemed not to be a supply for the purposes of this Act., (c) by inserting the following after subsection (12): 25 (12A) (a) In this subsection end date means the date on which either the mortgagee ceases to have possession or the receiver s appointment ends; mortgagee includes any person having the 30 benefit of a charge or lien or any person deriving title to the mortgage under the original mortgagee; start date means the date on which either the mortgagee takes possession or the 35 receiver is appointed. (b) Where a capital good is held as security or is subject to a charge or lien and either (i) a mortgagee is in possession, or (ii) a receiver has been appointed by or on 40 the application of a mortgagee or under section 147 of the National Asset Management Agency Act 2009 or by any other means, then the capital goods owner (in this sub- 45 section referred to as the defaulter ) shall 126

furnish a copy of the capital goods record to that mortgagee or that receiver and on and from the start date, but subject to the subsequent provisions of this subsection, 5 that mortgagee or that receiver shall be treated for the purposes of this Chapter as if that mortgagee or that receiver were the capital goods owner. (c) Where paragraph (b) applies the mortgagee 10 or the receiver shall be responsible for all obligations of that defaulter under this Chapter as if (i) the capital good were acquired or developed by that mortgagee or that 15 receiver at the time it was acquired or developed by the defaulter, (ii) the total tax incurred and the amount deducted by the defaulter in relation to the good were the total tax incurred 20 and the amount deducted by that mortgagee or that receiver, and (iii) any adjustments required to be made under this Chapter by the defaulter had been made, 25 and that mortgagee or that receiver shall use the information in the copy of the capital good record issued by the defaulter, in accordance with paragraph (b), for the purposes of calculating any tax payable by that 30 mortgagee or that receiver in accordance with this Chapter and section 76(2) for the remainder of the adjustment period applicable to that capital good. (d) Where paragraph (c) applies and if 35 (i) the mortgagee ceases to have possession, or (ii) the receiver s appointment ends and the capital good has not been disposed of by the receiver, 40 then that mortgagee or that receiver shall furnish a copy of the capital goods record to the defaulter and from the end date the defaulter shall be treated for the purposes of this Chapter as if that defaulter were the 45 capital goods owner. (e) Where paragraph (d) applies the defaulter shall be responsible for all obligations of that mortgagee or that receiver under this Chapter as if 50 (i) the capital good were acquired or developed by the defaulter at the time it was deemed, in accordance with 127

paragraph (c)(i), to have been acquired by the mortgagee or the receiver, (ii) the total tax deemed to be incurred and the amount deemed to be deducted by that mortgagee or that receiver, in 5 accordance with paragraph (c)(ii), in relation to the good were the total tax incurred and the amount deducted by the defaulter, and (iii) any adjustments required to be made 10 under this Chapter by that mortgagee or that receiver had been made, and the defaulter shall use the information in the copy of the capital good record issued by the mortgagee or the receiver, in 15 accordance with paragraph (d), for the purposes of calculating any tax payable or deductible by that defaulter in accordance with this Chapter for the remainder of the adjustment period applicable to that capi- 20 tal good. (f) Where an amount of tax is payable in respect of an interval in accordance with subsection (2)(b)(i) or (3)(b)(i), and where the start date or the end date or both occur during 25 that interval, the amount of that tax that shall be payable by the mortgagee or the receiver shall be calculated in accordance with the following formula where JxK 30 L J is the amount of the tax payable in accordance with subsection (2)(b)(i) or (3)(b)(i), 35 K is the number of days during the interval in which the mortgagee has possession or the receiver has been appointed, L is the number of days in the interval, 40 and the defaulter shall pay the balance. (g) Where there is an increase in the amount of tax deductible in respect of an interval in accordance with subsection (2)(b)(ii) or (3)(b)(ii), and where the start date or the 45 end date or both occur during that interval, the amount of that increase in deductibility to which the mortgagee or the receiver shall be entitled shall be calculated using the following formula 50 128

M x K L where M is the amount of the increase in 5 deductibility in accordance with subsection (2)(b)(ii) or (3)(b)(ii), K is the number of days during the interval in which the mortgagee has possession or the receiver has been 10 appointed, L is the number of days in the interval, and the defaulter shall be entitled to the balance.. 70. Section 80(1)(b) of the Principal Act is amended with effect 15 from 1 May 2013 by substituting 1,250,000 for 1,000,000. section 80 (tax due on moneys received basis) of Principal Act. 71. Section 86(1) of the Principal Act is amended with effect from 1 January 2013 by substituting 4.8 per cent for 5.2 per cent. section 86 (special provisions for tax invoiced by flat-rate farmers) of 72. Section 120(9)(b) of the Principal Act is amended (a) in subparagraph (iii) by substituting transmitted; for 20 transmitted; and, section 120 (regulations) of (b) in subparagraph (iv) by substituting Revenue Commissioners; and for Revenue Commissioners,, and (c) by inserting the following after subparagraph (iv) (v) the conditions to which the evidence of 25 the business controls used to comply with paragraph (a) of section 66(2A) shall be subject as referred to in paragraph (b) of that provision,. 73. (1) Schedule 1 to the Principal Act is amended 30 (a) in paragraph 5 by substituting the following for subparagraph (3): (3) The promotion of sporting events (other than in the course of the provision of facilities for taking part in sporting activities including golf or physical edu- 35 cation activities of the kind specified in subparagraph (1) or (1A) of paragraph 12 of Schedule 3)., (b) in paragraph 6(1) by deleting clause (g), Schedule 1 (exempt activities) and Schedule 3 (goods and services chargeable at the reduced rate) to

129

(c) in paragraph 6(1)(i) by substituting subparagraph for paragraph, (d) in paragraph 6(2) by substituting Financial services that consist of managing an undertaking of a kind specified in this subparagraph: for The following undertakings are 5 specified for the purpose of subparagraph (1)(g):, (e) in paragraph 6(2) by inserting the following after clause (e): (ea) an undertaking that enters into specified financial transactions within the meaning of Part 8A of the Taxes Consolidation Act 1997 10 where that undertaking corresponds to an undertaking specified elsewhere in this subparagraph;, (f) in paragraph 6(2) by substituting the following for clause (f): (f) any other undertaking that is determined by the 15 Minister to be a collective investment undertaking for the purposes of this subparagraph., (g) by substituting the following for paragraph 7: 7. (1) The supply of agency services relating to the 20 financial services specified in subparagraph (1) of paragraph 6, excluding management and safekeeping services in regard to the services specified in clause (a) of that subparagraph. (2) The supply of agency services relating to the finan- 25 cial services specified in paragraph 6(2)., and (h) in paragraph 11(1)(c) by substituting subparagraph (1) or (1A) of paragraph 12 for paragraph 12(1). (2) Schedule 3 to the Principal Act is amended 30 (a) in paragraph 11(a) by substituting subparagraph (1) or (1A) of paragraph 12 for paragraph 12(1), (b) in paragraph 12 by substituting the following for subparagraph (1): (1) The provision of facilities for taking part in 35 sporting activities including golf or physical education activities, and closely related activities, by an entity other than a non-profit making organisation, the State or a public body., and 40 (c) in paragraph 12 by inserting the following after subparagraph (1): (1A) The provision of facilities for taking part in sporting activities including golf or physical education activities, and closely related activities, by the State or 45 a public body, where the total consideration received 130

by such entity for providing those facilities exceeds, or is likely to exceed, the services threshold during any continuous period of 12 months.. (3) Paragraphs (a) and (h) of subsection (1) and subsection (2) 5 have effect on and from 1 January 2013. PART 4 STAMPDUTIES 74. In this Part Principal Act means the Stamp Duties Consolidation Act 1999. Interpretation (Part 4). 10 75. The Principal Act is amended (a) in section 20 by inserting the following after subsection (2): (2A) If at any time it appears for any reason an assessment is incorrect the Commissioners shall make such other assessment as they consider appropriate and 15 any such assessment shall be substituted for the firstmentioned assessment., (b) in section 21(1) by substituting the following for the definition of time for bringing an appeal : time for bringing an appeal means 30 days after the 20 date of the assessment., (c) in section 21 by substituting the following for subsection (2): (2) An accountable person who is dissatisfied with an assessment of the Commissioners in relation to an instrument may appeal to the Appeal Commissioners against 25 the assessment on giving, within the time for bringing an appeal, notice in writing to the Commissioners and the appeal shall be heard and determined by the Appeal Commissioners whose determination shall be final and conclusive unless the appeal is required to be reheard by 30 a judge of the Circuit Court or a case is required to be stated in relation to it for the opinion of the High Court on a point of law., (d) in section 21 by substituting the following for subsection (3): (3) No appeal may be made against 35 (a) an assessment made by an accountable person, o r (b) an assessment made on an accountable person by the Commissioners, where the duty had been agreed between the Commissioners and 40 the accountable person, or any person authorised by the accountable person in that behalf, before the making of the assessment., (e) in section 21(4) by substituting the following for paragraph (a): 131 Amendments relating to selfassessment provisions.