The HMRC is a non-ministerial department of the government and they are solely responsible for collecting taxes. They are also responsible for some state support forms and they make sure that the regulatory regimes, which include the national minimum wage, are all set in place properly. The HMRC have a logo which is the St Edwards Crown within a circle and this has become incredibly distinctive over the last couple of years. The HMRC department are responsible for collecting income tax, capital tax gains, inheritance tax and excise duties as well. They are also responsible for stamp duty tax and environmental taxes as well. The HMRC have had two Public Service Agreement targets for 2008-2011 and they want to improve the extent in which individuals pay tax and receive credits. They also want to try and improve a customer’s experience and the UK business environment as well so there really is no limit to what they can do for you.
Of course, the HMRC can also advise you if you are having problems in paying your tax so you really don’t have anything to worry about when you call their services. The HMRC contact number can be found here and they have a friendly customer service team who will be able to help answer any questions that you have as well. On top of this, they can also help you if you have been late making a payment however you may have to pay some excess fees if this is the case.
If you want to know what the HMRC can do for you, then all you need to do is take a look below to find out more about the general services that they provide.
If you own a business then you will need to contact the HMRC to tell them what type of business you own. You will also need to tell them how much you own a year and any other information that might help them process your account. You will also need to fill out how much money you have made during that time frame and this is all used to calculate the amount of tax that you owe at the end of the year. If you have any expenses then you can fill them out as well and this will be deducted as long as they are reasonable and vital to the functioning of your company.
If you have some inheritance then you may be subject to inheritance tax. Of course, there are some limitations and exceptions to this and not everyone is subjected the same depending on the circumstances but the HMRC will be able to help you with this as well.
That is just a quick insight into what they can do for you and they have so much to offer as well so why don’t you contact us today to see how they can help or send them an email if you want to contact a specific department.