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HMRC Welcomes Online Services Uptake

by Robert Lee, Tax-News.com, London

29 December 2014


More than half a million businesses have signed up to HM Revenue and Customs's (HMRC's) Your Tax Account service, enabling them to manage their affairs in a single, secure online space.

Launched in May 2014, the core of the service is a personalized homepage. From there, businesses can access an overview of their key tax records and a summary of their current liabilities. Firms can also access links to the major transactions they need to complete, such as Self Assessment, Corporation Tax, Pay As You Earn for employers, and value-added tax (VAT). The portal also includes information and guidance, including on payment. HMRC intends to add more services as the product develops.

David Gauke, Financial Secretary to the Treasury, said: "HMRC is becoming an increasingly digital business. My ambition is for HMRC to offer all taxpayers – individuals, businesses, and agents – their own online tax account. Your Tax Account gives businesses easier, quicker, and simpler access to the information and services they need in one place, and is already proving popular with them."

TAGS: individuals | compliance | tax | business | value added tax (VAT) | tax compliance | revenue guidance | corporation tax | United Kingdom | tax authority | HM Revenue and Customs (HMRC) | revenue statistics | HM Revenue and Customs (HMRC) | individual income tax | services

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