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HMRC
HMRC
What is the role of HMRC?
HM Revenue & Customs (HMRC) is responsible for:
- collecting direct and indirect taxes;
- paying child benefit, the child trust fund, and tax credits;
- border protection;
- environmental taxes;
- the minimum wage; and
- student loans.
HMRC will need to know about your business, its legal structure and if you employ anyone. This is to ensure you pay the correct taxes and National Insurance.
Can I deal with HMRC online?
Yes. From registering a new business and filing your tax return through to downloading forms and keeping up to date with the latest business laws,
HM Revenue & Customs’ website is an invaluable resource for your new business.
Where can I find out more?
HMRC have provided very useful online videos and guides to help you