Taxes Management Act 1970 section 1

Responsibilities for certain taxes

Section 1 establishes which taxes fall under the responsibility of HMRC for collection and management purposes.

  • HMRC is responsible for the collection and management of income tax, corporation tax, and capital gains tax.
  • This provision gives HMRC the legal authority to administer these three core direct taxes.
  • The section was updated by the Commissioners for Revenue and Customs Act 2005 to reflect the creation of HMRC as a unified body.
  • All compliance, assessment, and collection powers in the Taxes Management Act 1970 flow from this foundational responsibility.

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