Ir (Noun)
Meaning 1
A heavy brittle metallic element of the platinum group; used in alloys; occurs in natural alloys with platinum or osmium.
Classification
Nouns denoting substances.
Synonyms
Hypernyms
Meaning 2
A board of the British government that administers and collects major direct taxes.
Classification
Nouns denoting groupings of people or objects.
Examples
- The Chancellor of the Exchequer is responsible for setting the overall direction of HMRC's work to collect the money that pays for the UK's public services.
- HMRC is a non-ministerial department of the British Government responsible for the collection of taxes, including income tax and national insurance contributions.
- The main taxes that HMRC is responsible for collecting are income tax, national insurance contributions, capital gains tax, inheritance tax, and corporation tax.
- HMRC also has a role in paying tax credits and child benefit, as well as enforcing the national minimum wage.
- The department is also responsible for the payment of child benefit and tax credits to families and individuals who are eligible.