Magee Gammon News Getting digital with online Personal Tax Accounts

Getting digital with online Personal Tax Accounts

Many UK taxpayers are now able to manage their tax affairs following the launch of Personal Tax Accounts.

More than a million customers completing their self-assessment have been provided with an online Personal Tax Account (PTA) that provides a clear view of the tax paid and benefit entitlement, which will enable users to update their tax details as they occur in real time.

The launch of PTAs is a step towards a fully digital tax service. Two million businesses are already using digital accounts and every business will have access to one by April 2016.

Financial Secretary to the Treasury, David Gauke said: “This Government is determined to revolutionise how we deliver public services and the tax system is no exception. By 2020 HMRC will be a world-leading tax administration that is efficient, effective and easier for customers to use, enabled by £1.3 billion of extra investment announced in November’s Autumn Statement.”

Link: Personal Tax Account

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