Her Majesty's Revenue and Customs, often abbreviated as HMRC, is the tax authority for the United Kingdom. It is responsible for collecting taxes, paying some forms of welfare, and enforcing the minimum wage. HMRC ensures that individuals and businesses comply with tax laws and regulations. In addition to tax collection, HMRC also manages the customs and excise duties on goods entering and leaving the UK. The agency plays a crucial role in preventing tax evasion and fraud, helping to maintain the integrity of the UK's financial system.