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Article: INLAND REVENUE: Tax law rewrite -- Savings and investment income of individuals

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M2 Presswire
Article date:
July 31, 1998
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M2 PRESSWIRE-31 July 1998-INLAND REVENUE: Tax law rewrite -- Savings and investment income of individuals (C)1994-98 M2 COMMUNICATIONS LTD

RDATE:300798

The Inland Revenue's Tax Law Rewrite project today published a document containing its second tranche of rewritten clauses. These rewrite the existing income tax rules for the savings and investment income of individuals.

In written answer to a Parliamentary Question, the Financial Secretary to the Treasury, Dawn Primarolo said:

"The Tax Law Rewrite project aims to bring clarity to our direct tax legislation, making the law more accessible to taxpayers and their advisers. The Inland Revenue have ...

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