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Dáil Éireann díospóireacht -
Wednesday, 15 May 1935

Vol. 56 No. 8

Financial Resolution No. 3—Income Tax.

I move:—

(1) That the annual value with reference to which tax under Schedule A of the Income Tax Act, 1918, is to be charged on all tenements and rateable hereditaments (other than lands and other than farmhouses and farm buildings occupied with lands for the purpose of farming such lands) shall be five-fourths of the annual value thereof as ascertained in the manner required by sub-section (1) of section 187 of the said Act in lieu of the exact amount of such annual value, and the said section 187 shall have effect in relation to the charge of tax under the said Schedule A on all such tenements and rateable hereditaments as aforesaid as if sub-section (1) thereof were amended accordingly.

(2) That where, in computing the amount of the profits or gains for the purpose of an assessment for the year beginning on the 6th day of April, 1935, or the year beginning on the 6th day of April, 1936, a deduction is allowed in respect of the annual value of any premises for any period, such deduction shall be computed as if the amendment of sub-section (1) of section 187 of the Income Tax Act, 1918, mentioned in the foregoing paragraph of this Resolution had been in force during such period.

(3) That section 2 of the Finance Act, 1934 (No. 31 of 1934), shall be amended by the substitution of the words "six pounds five shillings" for the words "five pounds" in sub-section (2) of that section, and the said section shall be construed and have effect acordingly.

(4) That section 15 of the Finance Act, 1925 (No. 28 of 1925), and the extension thereof by sub-section (8) of section 12 of the Local Government Act, 1927 (No. 3 of 1927), shall have effect with and subject to the amendment of section 187 of the Income Tax Act, 1918, mentioned in the first paragraph of this Resolution, and accordingly the reference in the said section 15 to the full amount of the valuation for the time being in force under the Valuation Acts shall be construed and have effect as a reference to five-fourths of such valuation.

(5) It is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1927 (No. 7 of 1927).

This is a Resolution which proposes to increase the assessments under Schedule A.

Has the Minister any more to say about it?

When we come to the Finance Bill there will be a section in it dealing specifically with this point, and I am assuming that we will have a full discussion.

I just want to ask the Minister a question. I think in his speech he said that the tax would be levied on five-fourths of the poor law valuation?

Question put.
The Committee divided: Tá, 54; Níl, 37.

  • Aiken, Frank.
  • Bartley, Gerald.
  • Blaney, Neal.
  • Boland, Gerald.
  • Boland, Patrick.
  • Brady, Brian.
  • Breen, Daniel.
  • Briscoe, Robert.
  • Concannon, Helena.
  • Corish, Richard.
  • Corkery, Daniel.
  • Gibbons, Seán.
  • Goulding, John.
  • Hales, Thomas.
  • Harris, Thomas.
  • Hayes, Seán.
  • Kehoe, Patrick.
  • Kelly, James Patrick.
  • Kelly, Thomas.
  • Keyes, Michael.
  • Killilea, Mark.
  • Kissane, Eamonn.
  • Lemass, Seán F.
  • Little, Patrick John.
  • MacEntee, Seán.
  • Maguire, Ben.
  • Maguire, Conor Alexander.
  • Moane, Edward.
  • Crowley, Fred. Hugh.
  • Crowley, Timothy.
  • Daly, Denis.
  • Davin, William.
  • Derrig, Thomas.
  • De Valera, Eamon.
  • Donnelly, Eamon.
  • Dowdall, Thomas P.
  • Flinn, Hugo. V.
  • Flynn, Stephen.
  • Fogarty, Andrew.
  • Moore, Séamus.
  • O Briain, Donnchadh.
  • O Ceallaigh, Seán T.
  • O'Grady, Seán.
  • O'Reilly, Matthew.
  • Pearse, Margaret Mary.
  • Rice, Edward.
  • Ruttledge, Patrick Joseph.
  • Ryan, James.
  • Ryan, Martin.
  • Sheridan, Michael.
  • Smith, Patrick.
  • Traynor, Oscar.
  • Victory, James.
  • Walsh, Richard.

Níl

  • Alton, Ernest Henry.
  • Anthony, Richard.
  • Belton, Patrick.
  • Bennett, George Cecil.
  • Brennan, Michael.
  • Costello, John Aloysius.
  • Desmond, William.
  • Dillon, James M.
  • Dolan, James Nicholas.
  • Doyle, Peadar S.
  • Finlay, John.
  • Fitzgerald, Desmond.
  • Good, John.
  • Haslett, Alexander.
  • Holohan, Richard.
  • Keating, John.
  • MacDermot, Frank.
  • MacEoin, Seán.
  • McFadden, Michael Og.
  • McGilligan, Patrick.
  • McGovern, Patrick.
  • McGuire, James Ivan.
  • Morrisroe, James.
  • Morrissey, Daniel.
  • Mulcahy, Richard.
  • Murphy, James Edward.
  • O'Higgins, Thomas Francis.
  • O'Leary, Daniel.
  • O'Mahony, The.
  • O'Neill, Eamonn.
  • O'Sullivan, Gearóid.
  • O'Sullivan, John Marcus.
  • Redmond, Bridget Mary.
  • Reidy, James.
  • Rice, Vincent.
  • Rowlette, Robert James.
  • Wall, Nicholas.
Tellers:—Tá: Deputies Little and Smith; Níl: Deputies Doyle and Bennett.
Resolution No. 3 declared carried.
Barr
Roinn