Her Majesty’s Revenue & Customs: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Charles Cresswell
No edit summary
imported>Doug Williamson
(Update for Charles III.)
 
(33 intermediate revisions by 2 users not shown)
Line 1: Line 1:
(UK) HMRC was established by Act of Parliament in 2005 as a non-ministerial Department established by the Commissioners for Revenue and Customs Act (CRCA) 2005, replacing the Inland Revenue and Customs and Excise.
''UK tax''.


==Policy maintenance and implementation==
(HMRC).
*are responsible for safeguarding the flow of money to the Exchequer through our collection, compliance and enforcement activities
*make sure that money is available to fund the UK’s public services
*administer Statutory Payments such as statutory sick pay and statutory maternity pay
*help families and individuals with targeted financial support through payment of tax credits
*administer Child Benefit
*are a high volume business; almost every UK individual and business is a direct customer of HMRC
*aim to administer the tax system in the most simple, customer focused and efficient way
*administer the Government Banking Service


==Responsibilities==
The former name of His Majesty's Revenue and Customs.
*Income Tax, Corporation Tax, Capital Gains Tax, Inheritance Tax, Insurance Premium Tax, Stamp, Land and Petroleum Revenue Taxes
*Environmental taxes
*climate change and aggregates levy and landfill tax
*[[Value Added Tax]] (VAT)
*Excise Duties
*National Insurance
*[[Tax Credits]]
*Child Benefit
*enforcement of the National Minimum Wage
*recovery of Student Loan repayments


==External links==
[https://www.gov.uk/government/organisations/hm-revenue-customs/about About HMRC] ''www.gov.uk''


== See also ==
== See also ==
* [[Direct tax]]
* [[His Majesty's Revenue & Customs]] (HMRC)
* [[Exempt approved status]]
* [[Income Tax]]
* [[Inland Revenue]]
* [[Inland Revenue]]
* [[Internal Revenue Service]]
* [[Internal Revenue Service]]
* [[National Insurance]]
* [[Public Accounts Committee]]
* [[Tax ]]
* [[Tax avoidance]]
* [[Tax avoidance]]
* [[Tax evasion]]
* [[Tax evasion]]
Line 41: Line 24:
* [[Treasury]]
* [[Treasury]]


[[Category:Taxation]]
 
== External link ==
[https://www.gov.uk/government/organisations/hm-revenue-customs/about About us - HMRC]
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 15:51, 28 September 2022

UK tax.

(HMRC).

The former name of His Majesty's Revenue and Customs.


See also


External link

About us - HMRC

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Her_Majesty’s_Revenue_%26_Customs&oldid=24753’