What does inland revenue mean?
Definitions for inland revenue
in·land rev·enue
This dictionary definitions page includes all the possible meanings, example usage and translations of the word inland revenue.
Princeton's WordNet
Inland Revenue, IRnoun
a board of the British government that administers and collects major direct taxes
Wikipedia
Inland Revenue
The Inland Revenue was, until April 2005, a department of the British Government responsible for the collection of direct taxation, including income tax, national insurance contributions, capital gains tax, inheritance tax, corporation tax, petroleum revenue tax and stamp duty. More recently, the Inland Revenue also administered the Tax Credits schemes, whereby monies, such as Working Tax Credit (WTC) and Child Tax Credit (CTC), are paid by the Government into a recipient's bank account or as part of their wages. The Inland Revenue was also responsible for the payment of child benefit. The Inland Revenue was merged with HM Customs and Excise to form HM Revenue and Customs which came into existence on 18 April 2005. The former Inland Revenue thus became part of HM Revenue and Customs. The current name was promoted by the use of the expression "from Revenue and Customs" in a series of annual radio, and to a lesser extent, television public information broadcasts in the 2000s and 2010s.
ChatGPT
inland revenue
Inland Revenue is a governmental department or authority responsible for assessing, collecting and managing taxes, duties, and other forms of revenue that the government receives from its citizens. Its duties typically include implementing and overseeing tax policies, auditing taxpayers, enforcing tax laws and regulations, and collecting income tax, corporate tax, sales tax, and various other forms of taxes. Note that the name for this department varies by country (e.g., it's known as the Internal Revenue Service in the United States).
Wikidata
Inland Revenue
The Inland Revenue was, until April 2005, a department of the British Government responsible for the collection of direct taxation, including income tax, national insurance contributions, capital gains tax, inheritance tax, corporation tax, petroleum revenue tax and stamp duty. More recently, the Inland Revenue also administered the Tax Credits schemes, whereby monies, such as Working Tax Credit and Child Tax Credit, are paid by the Government into a recipient's bank account or as part of their wages. The Inland Revenue was also responsible for the payment of child benefit. The Inland Revenue was merged with HM Customs and Excise to form HM Revenue and Customs which came into existence on 18 April 2005. The former Inland Revenue is thus now part of HM Revenue and Customs, but it is still the name by which the tax gathering department of government is commonly known by British people and is often referred to as "the Tax Man".
Matched Categories
Numerology
Chaldean Numerology
The numerical value of inland revenue in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of inland revenue in Pythagorean Numerology is: 9
Translations for inland revenue
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"inland revenue." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/inland+revenue>.
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