Business Terms and Jargon Explained

What is Inland Revenue

A government department that collects and manages the collection of income tax, corporations tax, NI, capital gains, etc. All entities including persons and corporations will have been contacted by the inland revenue when they are legally allowed to generate income in the UK.

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Unfranked Receipts Re-Enlistment Bonus Joint liability
In pleno Going Forward Pre-Financing
Umbrella Fund Bad Debt Relief Tax Avoidance
Management Audit Devils Advocate e-company
Lifo Seigniorage Kaizen
Licensed Premises Performers Rights Depreciation
Percentage of Annual Revenue From Online Sales Txid Trailers
Aggregate holding company Exempt Input Tax Alternative investment
Capped Rate Year end dividend C.O.D
MD5 Loan Domain name
Take ownership ATM Direct Costs
Creative Commons Economically Inactive SIPP
Capital expenditure Proactive Snail mail

Term created / updated 2005-07-16 23:12:15

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