More than half a million businesses have signed up for an online tax account ’Your Tax Account’, offered through HMRC since a pilot roll out in May 2014
Your Tax Account is replacing the Business Tax Dashboard and the aim is that, in due course, it will enable small businesses to access everything they need to manage their tax affairs in a single, secure, online space.
At the moment the Your Tax Account service consists of a personalised homepage where businesses can access:
- links to the key transactions they need to complete (for Self Assessment, Corporation Tax, PAYE and VAT);
- an overview of their key tax records;
- a summary of their current liabilities;
- direct links to information and guidance, plus interactive tools; and
- links to payment information and how to pay.