• John Massey

HMRC's Personal & Business Tax Accounts Explained

Updated: Sep 9

HMRC's Personal Tax Account (PTA) and Business Tax Account (BTA) allow you to view and manage your tax affairs online.


The Personal Tax Account is designed for individuals, including those not self-employed. With it, you can:

  • check your PAYE tax code

  • check your income from employment in the previous 5 years

  • check how much Income Tax you paid in the previous 5 years

  • check and manage Benefits such as your tax credits

  • check your National Insurance Record for your State Pension status

  • check or update your Marriage Allowance

  • tell HMRC about a change of name or address

  • find your National Insurance number

Here's HMRC's brief explainer video. And the sign-up link: https://www.gov.uk/personal-tax-account


The Business Tax Account is for businesses already registered for:

  • Self Assessment (sole-traders or Partnerships)

  • VAT

  • PAYE

  • Corporation Tax - for limited companies

Importantly:

  • you will use just one Government Gateway ID and password to access multiple taxes within your BTA (but not the same login you use for your PTA)

  • an individual involved in a business will need both a PTA and BTA

For more info on how to sign-up to the BTA visit: https://www.gov.uk/guidance/sign-in-to-your-hmrc-business-tax-account


Would you like help to pay less tax? Feel free to get in touch or check out our related posts 👇

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