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Updated to 16 September 2025 (Act No. 10 of 2025 and S.I. No. 431 of 2025)

Finance Act 2004
No. 8 of 2004

Contents

Commencement

Section Commencement/Effective Date
Where the commencement and effective dates differ, the effective date is shown below.
 Commencement Information
Ss. 1-4 1 January 2004 Commenced as per s. 94(8)
S. 5(1)(a), (b) 28 May 2003 Commenced as per s. 5(2)(a)
S. 5(1)(c) 1 December 2002 Commenced as per s. 5(2)(b)
S. 5(1)(d) 10 December 2001 Commenced as per s. 5(2)(c)
S. 5(1)(e) 1 May 2004 Commenced as per s. 5(2)(d)
S. 5(2) 1 January 2004 Commenced as per s. 94(8)
Ss. 6, 7 1 January 2004 Commenced as per s. 94(8)
S. 8 1 January 2004 Commenced as per s. 8(2)
S. 9(1)(a) 1 January 2004 Commenced as per s. 94(8)
S. 9(1)(b) 25 March 2004 Commenced as per s. 9(2)(a)
S. 9(2) 1 January 2004 Commenced as per s. 94(8)
S. 10(1)(a) 1 January 2004 Commenced as per s. 94(8)
S. 10(1)(b) 1 January 2004 Commenced as per s. 10(2)(b)
S. 10(2) 1 January 2004 Commenced as per s. 94(8)
Ss. 11, 12 1 January 2004 Commenced as per s. 94(8)
S. 13(1) 1 January 2004 Commenced as per s. 13(2)
S. 13(2) 1 January 2004 Commenced as per s. 94(8)
S. 14(1) 1 January 2004 Commenced as per s. 14(2)
S. 14(2) 1 January 2004 Commenced as per s. 94(8)
S. 15 1 January 2004 Commenced as per s. 94(8)
S. 16(1) 25 March 2004 Commenced as per s. 16(4)(a)
S. 16(2), (3) 6 February 2003 Commenced as per s. 16(4)(b)
S. 16(4) 1 January 2004 Commenced as per s. 94(8)
S. 17 1 January 2004 Commenced as per s. 94(8)
S. 18(1) 1 January 2004 Commenced as per s. 18(3)(a)
S. 18(2)(a) 5 February 2004 Commenced as per s. 18(3)(b)(i), as amended by (5/2005) s. 27(b)(i)
S. 18(2)(b)-(d) 29 November 2004 Finance Act 2004 (Commencement of Section 18(2)) Order 2004 (S.I. No. 758 of 2004), art. 2
S. 18(2)(e) 5 February 2004 Commenced as per s. 18(3)(b)(i), as amended by (5/2005) s. 27(b)(i)
S. 18(3) 1 January 2004 Commenced as per s. 94(8)
S. 19 29 November 2004 Commenced as per s. 19(7)
S. 20(1)(a) 25 March 2004 Commenced as per s. 20(2)(a)
S. 20(1)(b) 1 January 2004 Commenced as per s. 20(2)(b)
S. 20(1)(c) 1 January 2004 Commenced as per s. 94(8)
S. 20(2) 1 January 2004 Commenced as per s. 94(8)
Ss. 21-24 1 January 2004 Commenced as per s. 94(8)
S. 25(1)(a)(i) 1 January 2004 Commenced as per s. 94(8)
S. 25(1)(a)(ii) 4 December 2002 Commenced as per s. 25(2)
S. 25(1)(a)(iii) 1 January 2004 Commenced as per s. 94(8)
S. 25(1)(a)(iv) 4 December 2002 Commenced as per s. 25(2)
S. 25(1)(a)(v)-(vii) 1 January 2004 Commenced as per s. 94(8)
S. 25(1)(b)(i) 1 January 2004 Commenced as per s. 94(8)
S. 25(1)(b)(ii), (iii) 4 December 2002 Commenced as per s. 25(2)
S. 25(1)(b)(iv)-(vi) 1 January 2004 Commenced as per s. 94(8)
S. 25(1)(c)(i) 1 January 2004 Commenced as per s. 94(8)
S. 25(1)(c)(ii), (iii) 4 December 2002 Commenced as per s. 25(2)
S. 25(1)(c)(iv)-(vi) 1 January 2004 Commenced as per s. 94(8)
S. 25(1)(d) 1 January 2004 Commenced as per s. 94(8)
S. 25(2) 1 January 2004 Commenced as per s. 94(8)
S. 26(1)(a) 1 January 2004 Commenced as per s. 94(8)
S. 26(1)(b)(i)(I) 24 September 2004 Finance Act 2004 (Section 26) (Commencement of Certain Provisions) Order 2004 (S.I. No. 642 of 2004), art. 2
S. 26(1)(b)(i)(II) 24 September 2004 Finance Act 2004 (Section 26) (Commencement of Certain Provisions) Order 2004 (S.I. No. 642 of 2004), art. 2
S. 26(1)(b)(ii) 24 September 2004 Finance Act 2004 (Section 26) (Commencement of Certain Provisions) Order 2004 (S.I. No. 642 of 2004), art. 2
S. 26(1)(c)(i) 24 September 2004 Finance Act 2004 (Section 26) (Commencement of Certain Provisions) Order 2004 (S.I. No. 642 of 2004), art. 2
S. 26(1)(c)(ii) 1 January 2004 Commenced as per s. 94(8)
S. 26(1)(d)(i) 1 January 2002 Commenced as per s. 26(2)(b)
S. 26(1)(d)(ii) 24 September 2004 Finance Act 2004 (Section 26) (Commencement of Certain Provisions) Order 2004 (S.I. No. 642 of 2004), art. 2
S. 26(1)(d)(iii) 1 January 2004 Commenced as per s. 94(8)
S. 26(1)(e) 24 September 2004 Finance Act 2004 (Section 26) (Commencement of Certain Provisions) Order 2004 (S.I. No. 642 of 2004), art. 2
S. 26(1)(f) 1 January 2004 Commenced as per s. 94(8)
S. 26(1)(g) 1 January 2002 Commenced as per s. 26(2)(b)
S. 26(1)(h) 1 January 2004 Commenced as per s. 94(8)
S. 26(1)(i)(i) 1 January 2002 Commenced as per s. 26(2)(b)
S. 26(1)(i)(ii) 1 January 2004 Commenced as per s. 94(8)
S. 26(1)(j) 1 January 2004 Commenced as per s. 94(8)
S. 26(2) 1 January 2004 Commenced as per s. 94(8)
S. 27 1 January 2004 Commenced as per s. 94(8)
S. 28(1)(a), (b) 1 January 2005 Finance Act 2004 (Commencement of Section 28) Order 2004 (S.I. No. 814 of 2004), art. 2(1)
S. 28(1)(c) insofar as it inserts (2A)-(2D) 1 January 2005 Finance Act 2004 (Commencement of Section 28) Order 2004 (S.I. No. 814 of 2004), art. 2(1)
S. 28(1)(c) insofar as it inserts (2E) 17 December 2004 Finance Act 2004 (Commencement of Section 28) Order 2004 (S.I. No. 814 of 2004), art. 2(3)
S. 28(1)(d)-(h) 1 January 2005 Finance Act 2004 (Commencement of Section 28) Order 2004 (S.I. No. 814 of 2004), art. 2(1)
S. 28(2) 1 January 2005 Finance Act 2004 (Commencement of Section 28) Order 2004 (S.I. No. 814 of 2004), art. 2(1)
Ss. 29, 30 1 January 2004 Commenced as per s. 94(8)
S. 31 2 February 2004 Finance Act 2004 (Commencement of Sections 31 and 42) Order 2004 (S.I. No. 551 of 2004), art. 2
S. 32 1 January 2004 Commenced as per s. 94(8)
S. 33 1 January 2004 Finance Act 2004 (Section 33) (Commencement) Order 2004 (S.I. No. 425 of 2004), art. 2
Ss. 34-38 1 January 2004 Commenced as per s. 94(8)
S. 39(1) 27 September 2004 Finance Act 2004 (Section 39) (Commencement) Order 2004 (S.I. No. 645 of 2004), art. 2
S. 39(2) 1 January 2004 Commenced as per s. 94(8)
Ss. 40, 41 1 January 2004 Commenced as per s. 94(8)
S. 42 2 February 2004 Finance Act 2004 (Commencement of Sections 31 and 42) Order 2004 (S.I. No. 551 of 2004), art. 2
S. 43 25 March 2004 Commenced on enactment
S. 44(1) 1 July 2004 Commenced as per s. 44(2), S.I. No. 373 of 2004, art. 2
S. 44(2) 25 March 2004 Commenced on enactment
Ss. 45-51 25 March 2004 Commenced on enactment
S. 52 30 June 2004 Finance Act 2004 (Section 52) (Commencement) Order 2004 (S.I. No. 407 of 2004), art. 2
S. 53(1)(a)(i) 30 June 2004 Finance Act 2004 (Section 53(1)(A)(I))(Commencement) Order 2004 (S.I. No. 408 of 2004), art. 2
S. 53(1)(a)(ii) 25 March 2004 Commenced on enactment
S. 53(1)(b) 25 March 2004 Commenced on enactment
S. 53(2) 25 March 2004 Commenced on enactment
S. 54 25 March 2004 Commenced as per s. 94(9)(e)
S. 55(a) 1 January 2005 Commenced as per s. 94(9)(d)
S. 55(b), (c) 25 March 2004 Commenced as per s. 94(9)(e)
S. 56 1 January 2005 Commenced as per s. 94(9)(d)
S. 57 4 December 2003 Commenced as per s. 94(9)(a)
S. 58 1 January 2005 Commenced as per s. 94(9)(d)
S. 59 1 January 2004 Commenced as per s. 94(9)(b)
S. 60 in so far as it relates to the insertion of subparagraph (va) into section 12 of the Value-Added Tax Act 1972 (22/1972) 25 March 2004 Commenced as per s. 94(9)(e)
S. 60 in so far as it relates to the insertion of subparagraph (vb) into section 12 of the Value-Added Tax Act 1972 (22/1972) 1 January 2005 Commenced as per s. 94(9)(d)
S. 61 1 January 2004 Commenced as per s. 94(9)(b)
S. 62 1 May 2004 Commenced as per s. 94(9)(c)
S. 63 25 March 2004 Commenced as per s. 94(9)(e)
S. 64(a) 25 March 2004 Commenced as per s. 94(9)(e)
S. 64(b), (c) 1 January 2005 Commenced as per s. 94(9)(d)
S. 65(a) 1 January 2005 Commenced as per s. 94(9)(d)
S. 65(b) 25 March 2004 Commenced as per s. 94(9)(e)
Ss. 66-73 25 March 2004 Commenced on enactment
S. 74 1 April 2004 Finance Act 2004 (Section 74) (Commencement) Order 2004 (S.I. No. 140 of 2004), art. 2
Ss. 75-82 25 March 2004 Commenced on enactment
S. 83(1)(a) 11 March 2002 Commenced as per s. 83(2)(a)
S. 83(1)(b)(i), (ii) 21 January 2002 Commenced as per s. 83(2)(b)
S. 83(1)(b)(iii) 11 March 2002 Commenced as per s. 83(2)(a)
S. 83(2) 25 March 2004 Commenced on enactment
Ss. 84-94 25 March 2004 Commenced on enactment
Schs. 1, 2 25 March 2004 Commenced on enactment
Sch. 3 para. 1(a)-(ab) 25 March 2004 Commenced as per s. 89, sch. 3 para. 5(a)(i)
Sch. 3 para. 1(ac) 1 January 2002 Commenced as per s. 89, sch. 3 para. 5(a)(ii)
Sch. 3 para. 1(ad) 21 February 2003 Commenced as per s. 89, sch. 3 para. 5(a)(iii)
Sch. 3 para. 1(ae) 25 March 2004 Commenced as per s. 89, sch. 3 para. 5(a)(i)
Sch. 3 para. 2 21 February 2003 Commenced as per s. 89, sch. 3 para. 5(b)
Sch. 3 para. 3 25 March 2004 Commenced as per s. 89, sch. 3 para. 5(c)
Sch. 3 para. 4 28 March 2004 Commenced as per s. 89, sch. 3 para. 5(d)
Sch. 3 para. 5 25 March 2004 Commenced on enactment
Sch. 4 25 March 2004 Commenced on enactment

Amendments and other effects

How Affected Affecting Provision Affecting Provision Commencement/Effective Date
Where the commencement and effective dates differ, the effective date is shown below.
 Commencement Source
Trans. of cert. functns. under S.I. No. 480 of 2011, arts. 1(2), 3(a), schedule 20 September 2011 S.I. No. 480 of 2011, art. 1(2)
S. 18, am. transit. period. S. I. No. 757 of 2004, regs. 1(2), 2 20 October 2004 S. I. No. 757 of 2004, reg. 1(2)
S. 18 (2) (b) substit. 5/2005, ss. 27 (a) (i), 150 (8) 1 January 2005 Commenced as per s. 150(8)
S. 18 (2) (cc), subsec. ins. 5/2005, ss. 27 (a) (ii), 150 (8) 1 January 2005 Commenced as per s. 150(8)
S. 18 (2) (d), par. substit. 5/2005, ss. 27 (a) (iii), 150 (8) 1 January 2005 Commenced as per s. 150(8)
S. 18 (3) (b) am. 5/2005, ss. 27 (b), 150 (8) 1 January 2005 Commenced as per s. 150(8)
S. 19 functions transferred and references construed 4/2014, ss. 4, 6(1),(2), 14(2) 9 April 2014 County Enterprise Boards (Dissolution) Act 2014 (Commencement) Order 2014 (S.I. No. 160 of 2014), art. 3(2)
S. 45 repealed 5/2005, ss. 81 (1), 86, sch. 3, pt. 1 1 June 2006 Finance Act 2005 (Chapter 3 of Part 2) Commencement Order 2006 (S.I. No. 229 of 2006), art. 2
Pt. 3 (ss. 54-65) (in so far as it is unrepealed) rep. 31/2010, ss. 123, 125 & sch. 8, pt. 1 1 November 2010 Commenced as per s. 125
S. 92 rep. 37/2014, s. 99(2), sch. 4 23 December 2014 Commenced on enactment
S. 94(4) rep. 31/2010, ss. 123, 125 & sch. 8, pt. 1 1 November 2010 Commenced as per s. 125
S. 94(9) rep. 31/2010, ss. 123, 125 & sch. 8, pt. 1 1 November 2010 Commenced as per s. 125

SIs made under the Act

SectionSIs made under the Act
S. 46 Excise Duty on Tobacco Products (Quantitative Restrictions) Order 2004 (S.I. No. 201 of 2004)
S. 91 Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2016 (S.I. No. 61 of 2016)
Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2015 (S.I. No. 99 of 2015)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2014 (S.I. No. 98 of 2014)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2013 (S.I. No. 97 of 2013)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2012 (S.I. No. 101 of 2012)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2011 (S.I. No. 179 of 2011)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) (Amendment) Order 2011 (S.I. No. 555 of 2011)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2010 (S.I. No. 145 of 2010)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2009 (S.I. No. 90 of 2009)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2009 (S.I. No. 90 of 2009)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2008 (S.I. No. 85 of 2008)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2007 (S.I. No. 134 of 2007)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2006 (S.I. No. 148 of 2006)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2005 (S.I. No. 81 of 2005)
S. 91(4) Finance Act 2004 (Section 91) (Deferred Surrender To Central Fund) Order 2025 (S.I. No. 44 of 2025)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2024 (S.I. No. 100 of 2024)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2023 (S.I. No. 137 of 2023)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2022 (S.I. No. 78 of 2022)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2021 (S.I. No. 56 of 2021)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2020 (S.I. No. 85 of 2020)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2019 (S.I. No. 125 of 2019)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2018 (S.I. No. 122 of 2018)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2017 (S.I. No. 86 of 2017)
  Finance Act 2004 (Section 91) (Deferred Surrender to Central Fund) Order 2009 (S.I. No. 90 of 2009)