HMRC is encouraging customers to register for a Personal Tax Account if they have not done so already.
The idea of the Personal Tax Account to allow individuals to view their personal tax details in one secure location online, and will also enable you to obtain your State Pension Forecast and check your National Insurance contribution history.
In order to register you will need:
Your National Insurance Number
A recent payslip, P60 or passport
A mobile phone to receive a security access code
There are three simple steps to register:
Go to www.gov.uk/selfassessment to register
Use the activation code which will be posted to you, to gain access to Government Gateway if you do not already have access. A security access code will be sent to your mobile phone which you will need to enter online
You will need to confirm your identity by answering a few simple questions from your payslip, P60 or passport
A detailed guide to help you register is available to download here:
We would urge all our clients to register for a Personal Tax Account, to give greater visibility of your total taxable income and allow us to help you ensure that you have paid the correct amount of tax on your income.
This article is intended for information purposes only and should not be considered to be a recommendation. This article is based on our understanding of current and draft pension and tax rules as at the date of this article. Please note that tax and pension rules are subject to change; if you are at all uncertain about the suitability of any option for your circumstances we strongly suggest you seek regulated personal financial advice. You should not take action solely on the basis of this article without seeking advice specific to your circumstances. Please get in touch to find out more.