What is HMRC?
HMRC is the government department in the United Kingdom responsible for collecting taxes and is commonly known as the Tax Office.
HMRC also pays certain entitlements, including tax credits and child benefits along with enforcing the national minimum wage. National Insurance contributions are also collected from both self employed and employed tax payers.
Importantly HMRC calculates and repays any tax refunds to employed and self employed tax payers with income in the UK.
HMRC offers various ways to deal with tax affairs online via their website. Self assessment tax returns can be submitted, for both employed individuals and the self employed and applications for business’s wishing to submit company information such as VAT and PAYE are also available.
For further Tax information, please follow the links below: