Responsibilities of HMRC Flashcards
1
Q
What is the first responsibility of HMRC?
A
Collecting and administering IT, CGT, NIC, CT and VAT
2
Q
What is the second responsibility of HMRC?
A
Paying and administering universal credit, tax credits and child benefits
3
Q
What is the third responsibility of HMRC?
A
Collecting repayment of student loans
4
Q
What is the fourth responsibility of HMRC?
A
Ensuring adherence to minimum wage rules
5
Q
What is the fifth responsibility of HMRC?
A
Protecting society from tax fraud, smuggling and illegal importation of drugs
6
Q
What are the five responsibilities of HMRC?
A
- Collecting and administering IT, CGT, NIC, CT and VAT
- Paying and administering universal credit, tax credit and child benefit
- collecting repayment of student loans
- ensuring adherence to minimum wage rules
- protecting society from tax fraud, smuggling and importation of illegal drugs