icustoms_logo

Glossary

HM Revenue & Customs (HMRC)

HMRC, or Her Majesty’s Revenue and Customs, is the UK government’s tax authority responsible for collecting taxes, customs duties, and enforcing regulations related to customs, excise, and other forms of taxation. It is one of the largest government departments in the UK and plays a vital role in ensuring compliance with tax laws and regulations.

HMRC is pivotal in bolstering the UK economy through revenue collection, overseeing tax and customs systems, and encouraging adherence to tax laws. HMRC also strives for fairness, transparency, and efficiency in taxation, aiming to meet the needs of both taxpayers and the government.

Read more here.

"Best Logistics Systems" International Chamber of Commerce Award Winner