New personalised tax summaries from HMRC

From October 2014 personalised tax summaries will be sent to around 24 million UK taxpayers. These will tell tax payers for the tax year 2013/2014:

  • Their taxable income including any taxable benefits or pensions.

  • Tax rates used to calculate the amount of income tax they are required to pay.

  • The amount of National Insurance paid, or will be paid, and how this is spent.

  • How much National Insurance their employer has paid on their behalf.

John BaxterComment