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Set up your personal tax account with HMRC to check your records and manage your tax details online.
This can save you time and make it easier to manage important information such as your tax records, your National Insurance details, and your pension.
In this article, we cover five key topics on setting up a personal tax account:
HMRC introduced the personal tax account in December 2015 as a way to make it easier for people to see and manage their tax details online.
By signing up to the personal tax account, HMRC hopes that you’ll be able to manage your details and records online rather than phoning or writing to them.
HMRC’s phone lines haven’t always been completely reliable, so if you haven’t set up your personal tax account yet, doing so now could save you time in the future.
The tax office says you can use your personal tax account to:
They say that more services will be added in the future.
There are lots of reasons to create a personal tax account if you’re self-employed.
HMRC says that if you’re self-employed or a Self Assessment customer, you can use your account to:
You can also use your account to manage your National Insurance record and see your State Pension forecast (including how much you can get and when you can get it).
It’s important to plan for your retirement. Our guide to pension options for self-employed people has more information.
It shouldn’t take too long to register for HMRC personal account. The self-employed will have a head start, because you should have a Government Gateway user ID. You get this when registering as self-employed and you use it when filing your Self Assessment online.
Once you’ve signed in using your Government Gateway ID, HMRC will ask you some more questions to verify your identity (it might be helpful to have your passport to hand for this, if you have one).
It's important to be vigilant about scams – here’s how to check whether contact from HMRC is genuine.
After you’ve signed up and registered you should be all set to start managing your tax records.
You’ll see a menu page split into separate sections that let you manage the different elements of your tax details.
You’ll also be able to do things like choose to go paperless, let HMRC know if you’ve changed address, and track forms you’ve submitted online. Find out more about HMRC’s Making Tax Digital plans.
If you’ve set up your personal tax account with HMRC, how did you find the process? Let us know in the comments below.
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Sam has more than 10 years of experience in writing for financial services. He specialises in illuminating complicated topics, from IR35 to ISAs, and identifying emerging trends that audiences want to know about. Sam spent five years at Simply Business, where he was Senior Copywriter.
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