LoginPage 6: Conclusion
HMRC's role is vital for the government's control of the economy. Its innovation in using online technology has made tax collection easier and made it harder for income taxes to be evaded. It uses tax revenue to finance its plans for the economy. Society has benefited from all the projects and services that are provided through public expenditure. HMRC's role is vital for the government's control of the economy.
This case study helps to illustrate the differences between the two main areas of taxation, direct taxes and indirect taxes. It illustrates how governments use both fiscal policy and monetary policy in order to meet their objectives. Finally, the case looks at the processes for collecting income taxes, both for the employed and the self-employed and how it communicates the tax message.
