Irish Statutory Instruments

You are here: BAILII >> Databases >> Irish Statutory Instruments >> Capital Gains Tax (Multipliers) (2000-2001) Regulations, S.I. No. 76/2000
URL: http://www.bailii.org/ie/legis/num_reg/2000/0076.html

[New search] [Help]

S.I. No. 76/2000 -- Capital Gains Tax (Multipliers) (2000-2001) Regulations, 2000.

S.I. No. 76/2000 -- Capital Gains Tax (Multipliers) (2000-2001) Regulations, 2000. 2000 76

S.I. No. 76 of 2000

CAPITAL GAINS TAX (MULTIPLIERS) (2000-2001) REGULATIONS, 2000.

The Revenue Commissioners, in exercise of the powers conferred on them by section 556 (6) of the Taxes Consolidation Act, 1997 (No. 39 of 1997) , hereby make the following regulations:

1. These Regulations may be cited as the Capital Gains Tax (Multipliers) (2000-2001) Regulations, 2000.

2. In relation to the disposal of an asset made in the year 2000-2001, the multiplier for the purposes of section 556 (2) of the Taxes Consolidation Act, 1997 (No. 39 of 1997) , shall be the figure mentioned in column (2) of the Table to this Regulation opposite the mention in column (1) of the said Table of the year of assessment in which the deductible expenditure was incurred.

TABLE

Year of assessment in which deductible expenditure incurred																		Multiplier
(1)																		(2)
1974-75	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	6.582
1975-76	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	5.316
1976-77	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	4.580
1977-78	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	3.926
1978-79	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	3.627
1979-80	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	3.272
1980-81	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	2.833
1981-82	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	2.342
1982-83	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.970
1983-84	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.752
1984-85	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.590
1985-86	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.497
1986-87	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.432
1987-88	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.384
1988-89	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.358
1989-90	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.314
1990-91	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.261
1991-92	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.229
1992-93	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.186
1993-94	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.164
1994-95	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.144
1995-96	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.116
1996-97	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.094
1997-98	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.077
1998-99	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.059
1999-00	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1.043

	GIVEN this 24th day of March, 2000.
	D.B. Quigley,
	Chairman.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation)

These Regulations specify the multipliers by reference to which sums (such as the base cost of an asset and enhancement expenditure incurred on it) which are allowable as a deduction from the consideration for the disposal of an asset in the year of assessment 2000-2001 are to be increased under section 556(2) of the Taxes Consolidation Act, 1997 , for the purpose of computing the chargeable gain accruing to a person on such a disposal. The multipliers are derived from the consumer price index numbers complied by the Central Statistics Office expressed on the basis that the consumer price index at mid-November, 1968, is 100.