income tax schedules
income tax schedulesthe 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 six schedules lettered A to F. Briefly, the income source of each schedule is: A: land and property.
B: woodlands run as a business.
D: trades, business, professions and vocations, interest received gross.
F: company distributions.
There are considerable rules and regulations concerning INCOME TAX and the expenses allowable against it.