Her Majesty’s Revenue & Customs: Difference between revisions
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Her Majesty's Revenuce and Customs 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. | |||
==Policy maintenance and implementation== | ==Policy maintenance and implementation== | ||
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*aim to administer the tax system in the most simple, customer focused and efficient way | *aim to administer the tax system in the most simple, customer focused and efficient way | ||
*administer the Government Banking Service | *administer the Government Banking Service | ||
==Responsibilities== | ==Responsibilities== | ||
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*Enforcement of the National minimum wage | *Enforcement of the National minimum wage | ||
*Recovery of student loan repayments | *Recovery of student loan repayments | ||
==External links== | ==External links== | ||
[https://www.gov.uk/government/organisations/hm-revenue-customs/about About HMRC] ''www.gov.uk'' | [https://www.gov.uk/government/organisations/hm-revenue-customs/about About HMRC] ''www.gov.uk'' | ||
== See also == | == See also == | ||
Revision as of 11:08, 27 August 2013
(HMRC).
Her Majesty's Revenuce and Customs 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.
Policy maintenance and implementation
- 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
- 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
About HMRC www.gov.uk
