A personal tax account is an online portal provided by HMRC that lets you securely view and manage your personal tax information anytime. It brings together details like your income tax, tax code, National Insurance, state pension, and tax credits in one place, making it easier to keep your tax affairs up to date and submit returns digitally. You can also claim refunds, update personal details, and track submitted tax forms through this convenient service.
At PHS Associates, we provide personalised personal tax services to help you understand your tax obligations and identify opportunities to reduce your tax liability. Our expert personal tax accountants offer clear advice tailored to your individual needs.
Maximise Savings.
Complete Approach
Informed Decisions
Effective strategies
Effective tax planning helps you take advantage of allowances and deductions, ensuring you keep more of your earnings.
Everyone's financial situation is unique. Our personalised advice ensures your tax plan fits your specific needs perfectly.
Smart tax planning not only tackles your current responsibility but also sets you up for future financial success.
Our Income Tax Management service is designed to increase your understanding of your tax position and uncover savings. We analyse your income sources, salary, bonuses, and investments
Capital Gains Tax (CGT) is a tax on the profit you make when selling or disposing of assets like property (not your main home), shares, or valuable possessions. At PHS Associates, our experienced tax accountants help you understand your CGT obligations, identify reliefs, and plan disposals to minimise your tax liability. We ensure you make the most of your annual allowance and navigate complex rules with ease, protecting your wealth effectively.
Our experienced tax accountants at PHS Associates specialise in inheritance tax planning to help protect your estate and minimise tax liabilities. We provide tailored advice on exemptions, reliefs, and gifting strategies to ensure your wealth passes to your loved ones efficiently and with minimal tax impact.
When managing your tax, understanding available tax reliefs and allowances can help reduce your overall tax bill. These include the personal allowance, marriage allowance, blind person’s allowance, and reliefs on pension contributions and charitable donations. Proper planning ensures you make the most of these benefits while staying compliant with HMRC rules.
Our compliance Support service is here to help. We ensure your tax returns are prepared and filed accurately and on time, keeping you clear of penalties from HMRC.
Manage your personal tax easily with an online personal tax account. Our experienced personal tax accountants at PHS Associates can guide you through setting up and using this secure HMRC service to stay on top of your tax affairs. Contact us today to get started.
To set up your Personal Tax Account online with HMRC, follow these simple steps:
At PHS, we specialise in personalised tax planning services customised to your unique financial needs. Here’s why you should choose us:
You can easily find your Unique Taxpayer Reference (UTR) in your personal tax account, which is essential for managing your tax affairs with HMRC. Here’s how to locate it:
If you want to take your accounting work to the next level, then reach us today without wasting time.
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PHS Associates Acc & Co is led by a skilled team with expertise in Accounting, Taxation, Payroll, Business consultancy, and Company secretarial services.
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