Section 92.

Part 41A of the Taxes Consolidation Act 1997 is amended -

(a) in section 959A by substituting the following for the definition of "amount of tax chargeable on a person":

"'amount of tax chargeable', in relation to a person and an Act, means the amount of tax chargeable on the person under the Act after taking into account -

(a) each allowance, deduction or relief that is authorised by the Act to be given to the person against income, profits or gains or, as applicable, chargeable gains, and

(b) in the case of an individual to whom Chapter 2A of Part 15 applies, any increase in the taxable income of the individual by virtue of that Chapter;",

(b) in section 959A by substituting the following for the definition of "amount of tax payable by a person":

"'amount of tax payable', in relation to a person and an Act, means the amount of tax payable by the person after reducing the amount of tax chargeable on the person under the Act by the amount of any tax credit that is authorised by the Act in relation to that person;",

(c) in section 959A, in the definition of "specified provisions", by substituting "and (d)" for "and (b)",

(d) in section 959A by substituting the following for the definition of "tax credit":