HM Revenue & Customs (HMRC)

HMRC is the department of the UK Government that’s in charge of collecting taxes. It stands for Her Majesty’s Revenue and Customs. The department is also in charge of things like:

  • Making sure employers pay the national minimum wage
  • Collecting money to pay for public services
  • Enforcing tax and custom laws
  • Collecting Stamp Duty

You have to pay your taxes to HMRC every year. How you do this depends mainly on how you earned money. Principally, whether you’re employed or self-employed:

  • Employed: your employer will take care of your taxes for you – but only for your salary
  • Self-employed: if you’re self-employed or have other untaxed income, you need to file a personal tax return

If you need to file a tax return but don’t, be aware that HMRC will fine you.

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