inland revenue
Học thuậtThân thiện
Definition
Noun 1. A government department responsible for collecting direct taxes: Inland Revenue is the name for the government authority in the United Kingdom and some other countries that administers and collects national taxes, particularly direct taxes like income tax and corporation tax. It is the equivalent of the Internal Revenue Service (IRS) in the United States.
Usage
- The term is used as a proper noun, often capitalized, to refer to the specific government organization.
- It is commonly used in official, financial, and legal contexts.
- Example: "You must file your annual self-assessment tax return with the Inland Revenue."
Examples
- "The company was audited by the Inland Revenue."
- "All inquiries regarding your tax code should be directed to Inland Revenue."
- "He works for Inland Revenue as a tax inspector."
Advanced Usage
- Historical/Administrative Context: In the UK, the Inland Revenue was merged with HM Customs and Excise in 2005 to form HM Revenue and Customs (HMRC). While "Inland Revenue" is still widely understood and used, the official name is now HMRC.
- Example: "The functions of the former Inland Revenue are now handled by HMRC."
Variants and Related Words
- HM Revenue and Customs (HMRC) (n): The current UK government department responsible for tax collection, formed from the merger of the Inland Revenue and Customs and Excise.
- Internal Revenue Service (IRS) (n): The United States government agency responsible for tax collection, equivalent to the UK's Inland Revenue/HMRC.
- Tax authority (n): A general term for any government body that collects taxes.
Synonyms
- Tax authority
- Tax office
- Revenue service
Related Phrases
- Inland Revenue Department (IRD): The official name for the tax authority in several other countries, such as New Zealand and Hong Kong.
- Example: "In New Zealand, you pay your taxes to the Inland Revenue Department."
Noun
- a board of the British government that administers and collects major direct taxes