Finance Act 2025

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SCHEDULE

Miscellaneous Technical Amendments in Relation to Tax

Section 105

1. The Taxes Consolidation Act 1997 is amended—

(a) in section 208(4)(a)

(i) by the substitution of “paragraphs (a) and (b) of subsection (2)” for “paragraphs (a) and (b) of subsection (1)”,

(ii) in subparagraph (i), by the substitution of “subsection (2)(a),” for “subsection (1)(a),”, and

(iii) in subparagraph (ii), by the substitution of “subsection (2)(b)” for “subsection (1)(b)”,

(b) in section 216A(8), by the substitution of “section 473C” for “section 244”,

(c) in section 1024(2)(a), by the deletion of subparagraph (xa), and

(d) in section 1031I(2)(a), by the deletion of subparagraph (xi).

2. The Capital Acquisitions Tax Consolidation Act 2003 is amended, in paragraph 7(1) of Part 1 of Schedule 2, in the definition of “relevant period”—

(a) by the substitution of “subparagraph (2)(i)” for “subparagraph (2)(a)”, and

(b) by the substitution of “subparagraph (2)(ii)” for “subparagraph (2)(b)”.

3. The Finance Act 1999 is amended—

(a) in section 94(1), by the substitution of the following definition for the definition of “greenhouse gas emissions permit”:

“ ‘greenhouse gas emissions permit’ means a permit granted under Regulation 7 of the European Communities (Greenhouse Gas Emissions Trading) Regulations 2024 ( S.I. No. 470 of 2024 );”,

and

(b) in section 104(1A), by the substitution of “Commission Implementing Decision (EU) 2022/197 of 17 January 2022⁷⁰ ” for “Commission Decision No. 2001/574/EC of 13 July 2001⁷¹ ”.

4. The Finance Act 2010 is amended—

(a) in section 66(1), by the substitution of the following definition for the definition of “greenhouse gas emissions permit”:

“ ‘greenhouse gas emissions permit’ means a permit granted under Regulation 7 of the European Communities (Greenhouse Gas Emissions Trading) Regulations 2024 ( S.I. No. 470 of 2024 );”,

and

(b) in section 77, by the substitution of the following definition for the definition of “greenhouse gas emissions permit”:

“ ‘greenhouse gas emissions permit’ means a permit granted under Regulation 7 of the European Communities (Greenhouse Gas Emissions Trading) Regulations 2024 ( S.I. No. 470 of 2024 );”.

5. The Value-Added Tax Consolidation Act 2010 is amended, in paragraph 16(2) of Part 4 of Schedule 3, by the substitution of “Irish Standard I.S. EN 771-3: 2011+A1:2015 Specification for masonry units – Part 3: Aggregate concrete masonry units (dense and lightweight aggregates)” for “Irish Standard I.S. EN 771-3: 2011 Specification for masonry units – Part 3: Aggregate concrete masonry units (dense and lightweight aggregates)”.

6. This Schedule shall have effect on and from the date of the passing of this Act.

⁷⁰ OJ No. L31, 14.2.2022, p. 52.

⁷¹ OJ No. L203, 28.7.2001, p. 20.