More than eight million taxpayers who filed their 2013-14 tax return electronically by the 31 January deadline can now access their tax summary online.
The summaries set out how much tax and national insurance each person paid in the tax year and how it contributed to public expenditure.
The online summaries can be viewed by logging onto HMRC online services and selecting the ‘View your 2013 to 2014 tax summary’ option.
Millions of taxpayers who are in the PAYE system and do not file tax returns have already received paper summaries by post.
Others will receive a paper version once their 2013-14 tax affairs have been finalised. Online filers who missed the 31 January deadline will have access to an online summary once they submit their return.
Financial Secretary to the Treasury David Gauke said on 9 February: “Taxpayers have a right to know how the government is spending their tax and national insurance contributions.
“The government promised to provide transparent information about its expenditure and these summaries deliver on that promise.”
Milsted Langdon has the expertise to help you with their expert knowledge on a range of tax matters. To find out more, please contact us.