Inland Revenue


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Inland Revenue

(in Britain and New Zealand) a government board that administers and collects major direct taxes, such as income tax, corporation tax, and capital gains tax
References in periodicals archive ?
Two million pounds has been pulled out of London banking firm, which specialize in tax avoidance, since the Inland Revenue raids.
Leeds claim any legal challenge will cause the club to go into liquidation and until today's offer the Inland Revenue had been viewed as the creditors most likely to go to court.
The Inland Revenue posted 11 because the maximum amount they are allowed to send by cheque is pounds 350.
Since then, Mrs Dodds and her former husband have sent copies of letters and P60 tax forms to the Inland Revenue to prove addresses and income.
The Joneses took the Inland Revenue to court and the case was heard by two special tax commissioners early last summer.
The administrative exercise had been neglected by the Government for two years, and when the Inland Revenue took over responsibility for National Insurance last year it decided to catch up on the work.
The Inland Revenue will look to: restricting business expenses in the year that needs to be profitable; recognising sales/expenses in the wrong year; manipulating stock valuations.
Chairman Edward Leigh said: ``It is vital that the Inland Revenue steps up its efforts to speed up debt recovery, through using other departments' records to trace those who owe tax, pursuing all debts owed.
The Inland Revenue is preparing to make it easier for you to part with your money--and send it to a good cause.
The Inland Revenue said it had now identified the 10.
The shock demand is the result of an administrative blunder by the Inland Revenue, who failed for several years to send out warnings to millions of workers who had a deficit because of periods when they were not working.
THE Government came under fire yesterday after it emerged thousands of families have had their tax credits cut as the Inland Revenue claws back money it overpaid.
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