HMRC
UK tax glossary · Last reviewed: April 2026
HMRC collects Income Tax, National Insurance, VAT, and other duties. It sets tax codes, processes Self Assessment, and issues refunds.
Employees can manage tax codes and view records through the Personal Tax Account at gov.uk.
TaxHelper provides general information based on published HMRC rates and guidance. It is not regulated financial or tax advice. For decisions involving significant sums, complex circumstances, or if you are unsure, speak to a qualified accountant or HMRC directly.