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HM Revenue & Customs (HMRC) or Inland Revenue -Government Department


HM Revenue & Customs (HMRC) or Inland Revenue - Revenue Collection


About the HM Revenue & Customs or Inland Revenue

Please note: Inland Revenue is now HM Revenue & Customs (HMRC)

HM Revenue & Customs (HMRC) was formed in 2005, following the merger of Inland Revenue and HM Customs and Excise Departments. They are there to ensure the correct tax is paid at the right time, whether this relates to payment of taxes received by the department or entitlement to benefits paid.

They collect and administer:

Direct taxes - paid by you or your business on money you earn or capital you gain.

  • Capital Gains Tax
  • Corporation Tax
  • Income Tax
  • Inheritance Tax
  • National Insurance Contributions

Indirect taxes - paid by you or your business on money spent on goods or services.

  • Excise duties
  • Insurance Premium Tax
  • Petroleum Revenue Tax
  • Stamp Duty
  • Stamp Duty Land Tax
  • Stamp Duty Reserve Tax
  • VAT

They pay and administer:

  • Child Benefit
  • Child Trust Fund
  • Tax Credits.

They protect you by enforcing and administering:

  • Border and frontier protection
  • Environmental taxes
  • National Minimum Wage enforcement
  • Recovery of student loans