Inland Revenue Business Definition
Kia ora haere mai welcome to the new zealand inland revenue website.
Inland revenue business definition. Self employment includes contracting working as a sole trader and small business owners. Inland revenue synonyms inland revenue pronunciation inland revenue translation english dictionary definition of inland revenue. Our smart business guide ir320 has a lot of information that will help you start a new business. N a government board that administers and collects major direct taxes such as income tax corporation tax and capital gains tax.
We recommend you check out the business govt nz website and also get advice from an accountant lawyer tax agent or business advisor. Usually a self employed person can start in business without following any formal or legal set up tasks. The former name for the government office in the uk that collects the main taxes 2. Recording income and expenses filing returns paying tax for all businesses and organisations earning money in new zealand.
Inland revenue the uk government department that is responsible for assessing individual and corporate taxation liabilities hm inspector of taxes and for the collection of taxation monies due hm collector of taxes. The inland revenue definition. Self employed people carry out business activity on their own. The inland revenue was a department in the british government responsible for collecting direct taxes and administering benefits between 1849 and 2005.
We collect most of the revenue that the new zealand government needs to fund its programmes. Setting up a business or organisation registering your business or organisation getting an ird number registering for gst and other start up tasks. The inland revenue was a department in the british government responsible for collecting direct taxes and administering benefits between 1849 and 2005. We also administer a number of social support programmes including child support working for families tax credits and best start.