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imported>Doug Williamson |
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| (HMRC). | | (HMRC). |
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| | | The former name of His Majesty's Revenue and Customs. |
| Her Majesty's Revenue and Customs was established in the UK by Act of Parliament in 2005 as a non-ministerial merged Department established by the Commissioners for Revenue and Customs Act (CRCA) 2005, replacing the formerly separate UK Inland Revenue and Customs and Excise.
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| __NOTOC__
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| ===Policy maintenance and implementation===
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| *Responsible for safeguarding the flow of money to the UK Exchequer through collection, compliance and enforcement activities
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| *Makes sure that money is available to fund the UK’s public services
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| * Facilitates legitimate international trade, protects the UK’s fiscal, economic, social and physical security before and at the border, and collects UK trade statistics
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| *Administers Statutory Payments such as statutory sick pay and statutory maternity pay
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| *Helps families and individuals with targeted financial support through payment of tax credits
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| *Administers Child Benefit
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| *HMRC is a high volume business; almost every UK individual and business is a direct customer of HMRC
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| *Aims to administer the tax system in the most simple, customer focused and efficient way
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| *Administers the UK's Government Banking Service
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| ===Responsibilities===
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| *UK [[Income Tax]], [[Corporation Tax]], [[Capital Gains Tax]], [[Inheritance tax]], Insurance premium tax, Stamp, Land and Petroleum Revenue Taxes
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| *Environmental taxes
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| *Climate change and aggregates levy and landfill tax
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| *Value Added Tax ([[VAT]]) including import VAT
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| *Customs duty
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| *Excise duties
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| *Trade statistics
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| *National Insurance
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| *Tax Credits
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| *Child Benefit
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| *Enforcement of the UK's National Minimum Wage
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| *Recovery of student loan repayments
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| *Anti-money laundering supervision
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| HMRC's work is scrutinised by, among others, the UK parliament's Public Accounts Committee.
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| == See also == | | == See also == |
| * [[Anti money laundering]] | | * [[His Majesty's Revenue & Customs]] (HMRC) |
| * [[Customs duty]]
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| * [[Direct tax]]
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| * [[Exempt approved status]]
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| * [[HM Treasury]]
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| * [[Income Tax]] | | * [[Income Tax]] |
| * [[Inland Revenue]] | | * [[Inland Revenue]] |
