Responsibilities of HMRC Flashcards

1
Q

What is the first responsibility of HMRC?

A

Collecting and administering IT, CGT, NIC, CT and VAT

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2
Q

What is the second responsibility of HMRC?

A

Paying and administering universal credit, tax credits and child benefits

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3
Q

What is the third responsibility of HMRC?

A

Collecting repayment of student loans

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4
Q

What is the fourth responsibility of HMRC?

A

Ensuring adherence to minimum wage rules

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5
Q

What is the fifth responsibility of HMRC?

A

Protecting society from tax fraud, smuggling and illegal importation of drugs

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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
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