HMRC (HM Revenue and Customs)

HM Revenue and Customs (HMRC) is the UK government agency responsible for collecting taxes, ensuring businesses and individuals comply with tax laws, and administering social security benefits. They handle income tax, VAT, corporate tax, and other levies, providing the funding necessary for public services like healthcare, education, and infrastructure. HMRC also enforces tax regulations, investigates fraud, and offers guidance to taxpayers. Essentially, HMRC acts as the government's financial arm, managing the collection and regulation of revenue to support the country's economy and public services.