531B Charge to income levy.
(1) With effect from 1 January 2009, there shall be charged, levied and paid, in accordance with the provisions of this Part, a tax to be known as “income levy” in respect of the income specified in paragraphs (a) and (b) of the Table to this subsection.
(a) The income described in this paragraph, to be known as “relevant emoluments”, is emoluments to which Chapter 4 of Part 42 applies or is applied, other than social welfare payments and similar type payments and excluded emoluments.
>The income described in this paragraph, to be known as “relevant income”, is income from all sources, other than relevant emoluments, social welfare payments and similar type payments and excluded emoluments, as estimated in accordance with the Income Tax Acts and—<
(i) as if sections 140, 141, 142, 143, 195, 231, 232, 233, 234 and 664 were never enacted,
(ii) without regard to any deduction—
(I) in respect of double rent allowance under section 324(2), 333(2), 345(3) or 354(3),
(II) under section 372AP, in computing the amount of a surplus or deficiency in respect of rent from any premises,
(III) under section 372AU, in computing the amount of a surplus or deficiency in respect of rent from any premises,
(IV) under section 847A, in respect of a relevant donation (within the meaning of that section), or
(V) under section 848A, in respect of a relevant donation (within the meaning of that section),
(iii) excluding gains, income or payments to which any of the following provisions apply:
(I) Chapter 4 of Part 8;
(II) Chapter 5 of Part 8;
(III) Chapter 7 of Part 8;
(IV) Chapter 5 of Part 26;
(V) Chapter 6 of Part 26;
(VI) Chapter 1A of Part 27;
(VII) Chapter 4 of Part 27,
(iv) having regard to a deduction for any payment to which section 1025 applies, made by an individual pursuant to a maintenance arrangement (within the meaning of that section) relating to the marriage for the benefit of the other party to the marriage, unless section 1026 applies in respect of
(2) The income levy shall not be payable, for a year of assessment, by an individual who—
(a) proves to the satisfaction of the Revenue Commissioners that his or her aggregate income for the year of assessment does not exceed €18,304,
(b) by virtue of section 45 of the Health Act 1970 or Council Regulation (EEC) No. 1408/711 of 14 June 1971 has full eligibility for services under Part IV of that Act, or
(c) following receipt of a claim made in a manner approved or provided by the Revenue Commissioners, proves to their satisfaction that his or her aggregate income for the year of assessment does not exceed €20,000 and who has achieved the age of 65 years or over at any time during that year of assessment.