Taxes Consolidation Act 1997 section 531H

Assessment, collection, payment and recovery of income levy on aggregate income for the year of assessment

Section 531H set out how the income levy was to be assessed, collected, paid and recovered for the short period that the levy was in force.

• The income levy was assessed, charged and paid as if it were income tax, with the same Revenue powers and procedures applying.
• Each spouse was charged separately on their own individual income, although the levy could be accumulated with income tax in the overall statement of liability for the year.
• Best-judgement assessments raised by Revenue officers attracted the standard Tax Acts rules on collection, recovery and interest on unpaid tax.
• For 2009 only, a preliminary payment of income levy was due at the same time as preliminary income tax, calculated as if the levy had applied to 2008.