HMRC are gradually pushing taxpayers towards their Personal Tax Accounts (PTA) and, as of December 2016, they reported that 8 million people have already registered. There are already a range of things that can be done via the PTA and as the push continues, more services will be added. In time, it is envisaged that this will become the major portal for dealing with HMRC. As agents, Albert Goodman can access a range of details about our clients’ tax affairs via our Agent portal and, although this access will continue in the short term, there are a number of services that the taxpayer can access via their PTA which we cannot access via our Agent portal.

Why do I need one?

HMRC’s aim is for everyone to have online access to their tax accounts. There will, therefore, be a continuing push towards having a PTA and, in time, there may be more things that can only be done by the taxpayer through their PTA rather than by us as Agents on our clients’ behalf.

How do I get one?

If you’ve already used any HMRC online services and have a Government Gateway account, you can log in using those details. If you don’t already have a Government Gateway account, you can set one up. There are two ways in which this can be done. The first involves a delay whilst you wait for a code to be posted to you which then needs to be entered to complete the

If you don’t already have a Government Gateway account, you can set one up. There are two ways in which this can be done. The first involves a delay whilst you wait for a code to be posted to you which then needs to be entered to complete the setup process.

The alternative is to sign in with the Gov.Uk Verify service. This set-up process can be dealt with online in about 15 minutes if you have access to certain other information (including access to your online banking account). If you do set one up using this method, you’ll need to sign in this way each time via Sign in with Gov.UK Verify rather than via the Government Gateway login.

What can I do with one?

The main things that can be done with a PTA at present include:

  • Filing a self-assessment tax return (although we may currently handle this for you), paying your tax liability and viewing your Annual Tax Summary or SA302 tax calculation.
  • Check your tax code (and get it amended if necessary) or see your annual tax summary – this is primarily for people on PAYE and does not include details of other income. Current year PAYE income is updated on here as your employer submits RTI data.
  • Check your NIC record and get an estimated forecast of your state pension (including when you can start drawing this)
  • If you’ve had an automated tax calculation for 2015/16 showing a refund due to you, you can claim it via your PTA (otherwise a cheque will be issued to you after 45 days).
  • Manage your Tax Credits claim or Child Benefit claim by reporting details of changes which affect either of these.
  • If applicable you can initiate a claim for any Marriage Allowance to be transferred to your spouse or civil partner via your PTA.

HMRC have also produced some webinars to help you set up a PTA or make use of the services which can be seen at Webinars about the HMRC Personal Tax Account – GOV.UK

Should I get one?

As mentioned above, there is a continual push towards the digitalisation of tax services which isn’t going to go away. As the service expands in future, the benefits to you as an individual taxpayer should outweigh the hassle factor of the initial set up. We would recommend that you do set this up given the implications of Making Tax Digital, and if you are having any problems with this please do get in touch.

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