income-tax schedules

the classification by the INLAND REVENUE in the UK of various sources of INCOME to facilitate the assessment of TAXATION liability upon an individual. There are 6 schedules lettered A to F. Briefly, the income source of each schedule is as follows:

Schedule A: land and property

Schedule B: woodlands run as a business (not now used)

Schedule C: INTEREST and DIVIDENDS from public bodies (including government)

Schedule D: trades, businesses, professions and vocations, interest received gross

Schedule E: WAGES from employment (collected under the PAY-AS-YOU-EARN system – PAYE)

Schedule F: company distributions.

There are considerable rules and regulations concerning INCOME TAX and the expenses allowable against income.

单词	income-tax schedules
释义	income-tax schedules income-tax schedules the classification by the INLAND REVENUE in the UK of various sources of INCOME to facilitate the assessment of TAXATION liability upon an individual. There are 6 schedules lettered A to F. Briefly, the income source of each schedule is as follows: Schedule A: land and property Schedule B: woodlands run as a business (not now used) Schedule C: INTEREST and DIVIDENDS from public bodies (including government) Schedule D: trades, businesses, professions and vocations, interest received gross Schedule E: WAGES from employment (collected under the PAY-AS-YOU-EARN system – PAYE) Schedule F: company distributions. There are considerable rules and regulations concerning INCOME TAX and the expenses allowable against income.
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