Person NameInland Revenue; 1849-
ActivityThe inland revenue is responsible for the administration of income tax, tax credits, corporation tax, capital gains tax, petroleum revenue tax, inheritance tax, national insurance contributions and stamp duties and for the payment of Working Families', Disabled Person's and Children's' Tax Credit in the UK. Income Tax was introduce to Great Britain in 1799 in order to pay for the Napoleonic war against France by William Pitt the Younger, Prime Minister and Chancellor of the Exchequer. In 1849 the Board of Inland Revenue was created from the union of the Board of Stamps and Taxes, established 1833, and the Board of Excise. In 1909 the Excise Department was transferred to the Board of Customs. N 1944 the Pay As You Earn (PAYE) system was introduced and replaced annual or twice yearly contributions with deductions from weekly or monthly earnings.
Corporate NameInland Revenue
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