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If you're new to HMRC's digital services, you may be wondering what a Personal Tax Account is and whether you need to get one.
In this brief article, we'll explore what a Personal Tax Account is, what the benefits are for having one and how to open your own account.
A Personal Tax Account is an online solution that was set up by HMRC in 2015 in order to provide a ‘one-stop’ destination for UK tax-payers to get answers to many of the most frequently asked questions.
Some of the benefits include the following:
The following can all be done from within your Personal Tax Account:
This is not an exhaustive list and new services are being added by HMRC all the time. Hence, for a full list, please visit HMRC.
Getting a Personal Tax Account is a fairly straight-forward process.
First, go to this HMRC webpage and click on the ‘Start Now’ tab. Next, you’ll be asked to either sign in, using your Government Gateway account or create a new one. A Government Gateway account is something you should already have if you’ve ever submitted tax returns online. Likewise, if you’ve ever claimed the ‘Jobseekers Allowance’ benefit or ‘Taxfree Childcare’ benefit. The same Government Gateway account can be used for any and all of these purposes.
Although the above article answers questions such as ‘What is a Personal Tax Account?’, ‘What are the benefits of getting a Personal Tax Account?’ And, ‘how do I get a Personal Tax Account?’, you may still have more questions. If so, please feel free to get in touch with our experienced team who will be happy to assist you.