what is his majesty s revenue and customs hmrc 
hm revenue customs hmrc is the tax authority of the u k government the agency is responsible for collecting taxes paying child benefits regulating tax and customs laws and enforcing the payment of minimum wage by employers 1hmrc was formed in 2005 following the merger of the inland revenue and the board of customs and excise the agencies which formerly handled internal taxes and customs collection 2role of the hmrchmrc collects all direct and indirect taxes in the u k including income tax corporation tax capital gains tax inheritance tax value added tax vat excise duties stamp duty land tax air passenger duty and the climate change levy 1the hmrc is the british equivalent of the internal revenue service irs in the united states the hmrc oversees the efficient collection of taxes and the transfer of funds to the treasury so that revenue for public services is available employers will submit full payment submission fps and employer payment summaries eps statements with each payroll showing payrolled benefits and deductions from wages 3the hmrc also educates and informs the public about their tax paying duties hmrc divisionshistory of hmrcestablished in 2005 under the commissioners for revenue and customs act the hmrc is a non ministerial department the agency reports directly to parliament through the treasury under the leadership of the chancellor of the exchequer the hmrc represents the merger of customs and excise and the inland revenue combining direct and indirect revenue departments the merger was previously overturned in 1862 in 1909 the excise duties were removed from the administration of the inland revenue and were combined with the board of customs to form the board of customs and excise once again a 1999 report by the treasury committee suggested a merger citing the potential savings in public expenditure and compliance costs the decision announced in march 2004 to merge the inland revenue and the board of customs and excise was met with some skepticism as the two departments had such different historical and cultural foundations and legal structures 4who oversees the hmrc hmrc is a non ministerial department and the agency reports directly to parliament through the treasury under the leadership of the chancellor of the exchequer the treasury in turn supervises spending by hmrc 1