September 28, 2016 1:58 AM ET

Professional Services

Company Overview of HM Revenue & Customs

Company Overview

HM Revenue & Customs (HMRC) provides national tax revenue collection and tax credits payment services to businesses, corporations, employers, and individuals in United Kingdom. The organization offers assessment of tax returns, tax repayment, child benefit payments, corporation tax, and Value Added Tax (VAT) services. Additionally, it provides alcohol & tobacco warehousing declarations, pension schemes, research and development tax credits, stamp duties, and excise and tax duties submissions. HMRC was founded in 2005 and is based in London, United Kingdom.

100 Parliament Street

London,  SW1A 2BQ

United Kingdom

Founded in 2005

Phone:

44 2071 470 000

Key Executives for HM Revenue & Customs

Chief Executive Officer
Chairman of the Board, Tax Assurance Commissioner and Second Permanent Secretary
Director
Compensation as of Fiscal Year 2016.

HM Revenue & Customs Key Developments

HM Revenue & Customs Presents at Automatic Exchange of Information for 'Banks' - 3rd Annual Forum, Sep-27-2016 09:45 AM

HM Revenue & Customs Presents at Automatic Exchange of Information for 'Banks' - 3rd Annual Forum, Sep-27-2016 09:45 AM. Venue: London, United Kingdom. Speakers: Chris Orchard, Policy Advisor, International Relations & Exchange of Information.

HM Revenue & Customs Announces Executive Changes

Prime Minister David Cameron has appointed a new chairman and chief executive for HM Revenue & Customs. Jon Thompson, who is Ministry of Defence permanent secretary, will join the Revenue shortly. He replaces current chief executive Lin Homer, who will step down in April. Edward Troup, currently HMRC's tax assurance commissioner. Edward Troup, currently HMRC's tax assurance commissioner, will take up his new role on 5 April. Troup will chair HMRC's board and Jon Thompson will chair its executive committee and be its accounting officer.

HM REVENUE & Customs to Close All 170 of its Offices

HM REVENUE & Customs is to close all 170 of its offices across the country in favour of 13 new regional tax centres as part of a major restructuring designed to shave hundreds of millions of pounds from its budget. The cuts are expected to be so severe that there will be no tax office in southwest England west of Bristol, with little or no coverage in East Anglia. The closures risk intensifying concerns about the organisation's poor customer service record. A memo sent to HMRC staff this summer by chief executive Lin Homer warned that the organisation would have to find £80 million of savings this year on top of its planned reforms, as George Osborne, the Chancellor, works through Whitehall to cut as much as 40% from day-to-day departmental spending.

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Recent Private Companies Transactions

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