What is HMRC?

HM Revenue & Customs (HMRC) is the UK government department responsible for collecting taxes, administering benefits, and enforcing tax and customs law. HMRC oversees Income Tax, Corporation Tax, VAT, PAYE, National Insurance, Capital Gains Tax, Inheritance Tax and many other levies. It also administers the Construction Industry Scheme and Making Tax Digital programme. Businesses and self-employed individuals interact with HMRC to register for tax, file returns, make payments and claim reliefs. HMRC has wide-ranging powers to investigate tax affairs and impose penalties for non-compliance.