Spicer & Pegler's Income Tax and Profits Tax |
Common terms and phrases
31st December 31st March 6th April accounting period actual adjusted Age Relief amount annual allowances annual payment annuity appeal apply assessable under Schedule asset balancing allowance balancing charge basis period capital allowances capital expenditure carried forward Chap charge to tax chargeable claim Commissioners of Inland computed cost deduct tax discontinuance dividend earned income relief emoluments employee entitled exceed exempt expenses given gross annual value husband Illustration included income tax initial allowance Inland Revenue Inspector of Taxes interest investment allowance land less liable loan ment Northern Ireland overseas paid partner partnership personal relief plant premiums profits or gains profits tax provisions rack rent received regarded repairs allowance repayment Republic of Ireland resident respect Schedule D Section 170 settlor share Special Commissioners standard rate statutory total income surtax tax deducted tax payable taxpayer trustees unearned United Kingdom valuation wife