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August 29, 2015 6:35 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
Director
Director
Compensation as of Fiscal Year 2015.

HM Revenue & Customs Key Developments

HM Revenue & Customs Introduces a New Version of Tax Return Form and its Supplementary Page

HM Revenue and Customs has introduced a new version of the company Tax Return form and its supplementary pages. The new version of the Company Tax Return form (form CT600 version 3) must be used for accounting periods that start on or after 1 April 2015. In addition, a new computation taxonomy has been introduced for computations that accompany the new CT600 form. The old version of the CT600 form (version 2) and computation taxonomy must still be used for accounting periods that start before 1 April 2015, including accounting periods that span 1 April 2015.

HM Revenue & Customs Announces Board Changes

HM Revenue & Customs has announced the appointment of two new Non-Executive Directors. Mervyn Walker and Simon Ricketts have joined the HMRC Board as successors to Philippa Hird and Norman Pickavance, who recently left their roles. Both appointees bring a wide range of senior management experience to the Board, which is tasked with helping HMRC to deliver its agenda and maximise its performance. Simon and Mervyn will take up their roles as Board members on 1 September. Philippa Hird retired from the Board after serving for five and a half years, and Norman Pickavance stepped down to take up an executive role with a private company.

HM Revenue and Customs to Build Revolutionary New Digital Services in the North East

HM Revenue and Customs aims to open another Digital Centre, focusing on digital analytics, later 2014 although it has not yet announced where this will be located. The centre will build digital tax services that will make it simpler, clearer and faster for people and businesses to manage their tax affairs.

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