HMRC’s Business Tax Dashboard was launched earlier this year.
The plan is that this should offer businesses an overall picture of its tax position including payments made and amounts still owed to HMRC.
You should be able to view your tax position across Corporation Tax or Self Assessment and PAYE for Employers all in one place.
From June the dashboard also displays VAT – information is available for the current date and the previous 15 months. It allows online self service at a time convenient to the business, reducing the need to contact HMRC for basic information.
FAQs have been published for the BTD, which cover for example administrator rights. These can be used to give other people access to a business’ dashboard. For each tax displayed on the dashboard a business can navigate, to view detailed account information such as payments and repayments. The dashboard also allows a business to update some contact details held by HMRC.
Learn more about the online Business Tax Dashboard at: HMRC Business Tax Dashboard Of course, if you need any help with this then give us a call.
Using our accountancy services, you will already be aware of what is due and when but this service does enable you to review how HMRC see your tax position.