HM Revenue is the UK’s tax authority. They are responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support. They were established by Act of Parliament in 2005 as a new department replacing the Inland Revenue and Customs and Excise. They report to Parliament through their Treasury minister who oversees their spending.

The Treasury lead on strategic tax policy and policy development, whereas HMRC leads on policy maintenance and implementation. They administer Statutory Payments such as statutory sick pay and statutory maternity pay, tax credits, Child Benefit and the Government Banking Service.