Which duties fall under HMRC in relation to UK accounting

date:2026-04-24 14:43:00 author:admin browse: time View comments Add Collection

Which duties fall under HMRC in relation to UK accounting

Which duties fall under HMRC in relation to UK accounting?

A. Collecting VAT

B. Collecting income tax and corporation tax

C. Setting accounting standards

D. Enforcing tax compliance

Answer: ABD

Explanation: HMRC handles tax collection and compliance. Setting UK accounting standards is the responsibility of the FRC, not HMRC.