Commissioners for Revenue and Customs Act 2005 Schedule 1

Former Inland Revenue matters

Schedule 1 lists all the matters that were previously the responsibility of the former Inland Revenue before these functions were transferred to HM Revenue and Customs (HMRC) under the 2005 Act.

• The schedule covers the main direct taxes: income tax, corporation tax, capital gains tax, inheritance tax, and petroleum revenue tax, as well as stamp duties
• It includes payroll-related responsibilities such as national insurance contributions, statutory sick pay, statutory maternity pay, statutory paternity pay, statutory adoption pay, statutory shared parental pay, and statutory parental bereavement pay
• It encompasses benefits and credits administered through the tax system, including child benefit, child tax credit, working tax credit, guardian's allowance, child trust funds, and student loans
• It also covers specialist areas such as pension schemes, charities, oil and gas royalties, the National Insurance Fund, bank note issuance, property valuation, rating and council tax valuation lists, and the recovery of taxes due in other EU member states