MANAGEMENT

BUISENESS MANAGEMENT

TAXES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The government department responsible for the collection of taxes?
A
HMRC
B
DCMS
C
DFE
D
FSA
Explanation: 

Detailed explanation-1: -HMRC Commissioners Our Commissioners are responsible for the collection and management of revenue, the enforcement of prohibitions and restrictions and other functions, such as the payment of tax credits. They exercise these functions in the name of the Crown.

Detailed explanation-2: -We are the UK’s tax, payments and customs authority, and we have a vital purpose: we collect the money that pays for the UK’s public services and help families and individuals with targeted financial support. We do this by being impartial and increasingly effective and efficient in our administration.

Detailed explanation-3: -Understanding HM Revenue and Customs (HMRC) The HMRC ensures that the taxation system is implemented and adhered to in the most effective way possible. It oversees the efficient collection of taxes and the transfer of funds to the Treasury.

Detailed explanation-4: -Contact HM Revenue and Customs.

There is 1 question to complete.