Online Personal Tax Accounts have been available for all PAYE employees since December 2015 and, according to HMRC, 15 million people are already using theirs.
Personal Tax Accounts are a secure and simple way for your employees to manage their tax affairs online. Many of the queries they bring to your payroll and HR teams can be found online by accessing their Personal Tax Account.
Employees can update HMRC regarding any changes to their financial circumstances or any of their personal details such as a change of name or address and are actively encouraged by HMRC to communicate these changes using their Personal Tax Account.
The Personal Tax Account also allows employees to:
The Personal Tax Account is easy to set up. Accounts can be set up online at www.gov.uk/personal-tax-account. By sharing this address with your employees and encouraging them to ensure their accounts are set up and available for them to access could save you time.
It may take some time for employees to use their Personal Tax Accounts to their full capability, but consistently reinforcing the message should hopefully encourage them to use their account before approaching your payroll and HR teams.
Please remember that employees should also notify you of any change to their personal circumstances for your own staff records – and in turn Clayton & Brewill, if we process payroll on your behalf.
To find out more about Personal Tax Accounts and the full range of products and services on offer HMRC have developed the Guide to your Personal Tax Account, which provides lots of useful information.