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UK Launches Personal Tax Accounts

by Jason Gorringe, Tax-News.com, London

16 December 2015


UK taxpayers will now be able to manage their tax affairs online with the official launch of Personal Tax Accounts.

By mid-December more than a million customers completing their Self Assessment will be directed to their online Personal Tax Account (PTA). According to the Government, these will:

  • Provide a clear and joined-up view of the tax they pay and benefits they are entitled to;
  • Enable customers to update their tax details as they occur in real time, removing the need to resubmit information; and
  • Make it easier and more efficient to contact HMRC officials through services like web chat and virtual assistant.

The launch of PTAs is the latest step towards a fully digital tax service, the UK Government said, highlighting the release of a new report "Making Tax Digital," which sets out how the tax agency, HM Revenue and Customs, will modernize its dealings with taxpayers in the period to 2020. Two million businesses are already using their digital accounts and every business will have access to one by April next year, it said.

Speaking at HMRC's stakeholder conference in London, the Financial Secretary to the Treasury, David Gauke, said: "Giving customers the ability to manage their tax affairs online is our latest step towards a fully digital tax system. This government is determined to revolutionize 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 GBP1.3bn (USD1.95bn) of extra investment announced in November's Autumn Statement."

TAGS: tax | investment | business | Personal Tax | United Kingdom | services | Tax

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