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In the ], '''Her Majesty's Revenue and Customs''' is a new department of the ] to be created |
In the ], '''Her Majesty's Revenue and Customs''' (''''HMRC''') is a new department of the ] to be created by the merger of the ] and HM ]. The name for the new department and its first executive chairman, ], was announced on ], ]. The merger was described by the '']'' on ], ], as "mating the C&E terrier with the IR retriever", and is expected to come into effect on ], ]. | ||
Not only will HMRC be responsible for the collection of direct and indirect ] and some import controls, but also for ] contributions, and for the distribution of ] and some other forms of support. | |||
==External links== | ==External links== | ||
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Revision as of 17:26, 9 July 2004
In the UK, Her Majesty's Revenue and Customs ('HMRC) is a new department of the British Government to be created by the merger of the Inland Revenue and HM Customs and Excise. The name for the new department and its first executive chairman, David Varney, was announced on 9 May, 2004. The merger was described by the Financial Times on 9 July, 2004, as "mating the C&E terrier with the IR retriever", and is expected to come into effect on 1 April, 2005.
Not only will HMRC be responsible for the collection of direct and indirect tax and some import controls, but also for national insurance contributions, and for the distribution of child benefit and some other forms of support.
External links
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