Personal Tax Account -PTA

bigfreddiel

Everyone has a personal tax account.

https://www.gov.uk/personal-tax-account

If you have verified yourself on .gov.uk you can see how your tax code has been arrived at and adjust it if incorrect.

My tax codes changed, incorrectly, and by logging on to my personal tax account or PTA, I corrected the mistake HMRC had made and my tax code is now correct. Great app, and saved me time and money calling HMRC on their expensive 0300 number.

You can also check your state pension forecast, and your NI history along with benefits and tax credits.

Very useful site for planning your finances, especially as you can make updates if there are any errors.

For once the GOV has got something right - good work!

Cheers fj

peterg1965

I have logged on too and found my 16/17 Tax Code to be wrong by a huge margin. It had made the assumption that my income was £280k a year. it seemed to have worked this out by calculating my annual income based on the time from 6 April to my first pay in April, which happened to be about 6 days after that (I am paid 4 weekly). My tax code went from 2052L to 1000L with my pension tax code changing from D0 to D1 (45%).

I had to call HMRC, they could not offer an explanation but they did revert my tax codes back to what they needed to be, hopefully in time for my next pay!

It was useful seeing NI contributions and SP forecast, although these are updated to April 15.

Agree, it is a useful step forward!

greenglide

HMRC on their expensive 0300 number.

0300 numbers are nog "expensive". They cost the same as 01 xxx and 02 xxx numbers and are included in any inclusive minutes deal.

They were brought in specifically to provide savings over 0845 and 0870 numbers where these are not included in calling plans.

Always worth replacing the 0845 and 0870 with 0345 or 0370 if they would otherwise cost.

bigfreddiel

greenglide wrote: »

0300 numbers are nog "expensive". They cost the same as 01 xxx and 02 xxx numbers and are included in any inclusive minutes deal.

They were brought in specifically to provide savings over 0845 and 0870 numbers where these are not included in calling plans.

Always worth replacing the 0845 and 0870 with 0345 or 0370 if they would otherwise cost.

Nog expensive to you maybe, but an 0800 number would be better.

fj

bigfreddiel

peterg1965 wrote: »

I have logged on too and found my 16/17 Tax Code to be wrong by a huge margin. It had made the assumption that my income was £280k a year. it seemed to have worked this out by calculating my annual income based on the time from 6 April to my first pay in April, which happened to be about 6 days after that (I am paid 4 weekly). My tax code went from 2052L to 1000L with my pension tax code changing from D0 to D1 (45%).

I had to call HMRC, they could not offer an explanation but they did revert my tax codes back to what they needed to be, hopefully in time for my next pay!

It was useful seeing NI contributions and SP forecast, although these are updated to April 15.

Agree, it is a useful step forward!

You don't need to cal HMRC, you can do updates through this app, my predicted salary was also incorrect so I just corrected it myself with the update link and my tax codes reverted back to the correct levels. Very simple and effective.

Cheers fj

Paul_Herring

bigfreddiel wrote: »

You can also check your state pension forecast, and your NI history along with benefits and tax credits.

While I note that, yes, they provide part of the history, and they tell you you've been contracted out (if you have of course) they don't actually indicate which of the years were contracted out. Or rather which years they consider that you contracted out...

Paul_Herring

Paul_Herring wrote: »

While I note that, yes, they provide part of the history, and they tell you you've been contracted out (if you have of course) they don't actually indicate which of the years were contracted out. Or rather which years they consider that you contracted out...

And something's not right with mine. My forecast:



My first year of contributions was 1988-89. I have one missing year. Up to 2015 gives 26 complete years. Adding that 9 indicates that for a full pension I'll have had to have contributed for 35 years.

Which implies that I've not contracted out at all. But I've got a COPE amount of £30.87pw from contracting out.

I cannot see where they've calculated any SSP/SERPS to come up with the figure in the picture...

molerat

bigfreddiel wrote: »

You don't need to cal HMRC, you can do updates through this app, my predicted salary was also incorrect so I just corrected it myself with the update link and my tax codes reverted back to the correct levels. Very simple and effective.

Cheers fj

I phoned up some months ago and told them of my forecast earnings for 2016-17 from each source and had my tax code allocated accordingly. The on line system decided I was going to get something different and changed my earnings and tax code allocation. I changed my earnings back to what they will actually be and the tax allocation changed. The system has again changed my earnings to some randomly generated number but thankfully left the tax code allocation the same.

bigfreddiel

Paul_Herring wrote: »

While I note that, yes, they provide part of the history, and they tell you you've been contracted out (if you have of course) they don't actually indicate which of the years were contracted out. Or rather which years they consider that you contracted out...

Sounds about right. I would have thought if they know you have been contracted in or out they would know when. So it should be relatively easy to show this info. fj

bigfreddiel

molerat wrote: »

I phoned up some months ago and told them of my forecast earnings for 2016-17 from each source and had my tax code allocated accordingly. The on line system decided I was going to get something different and changed my earnings and tax code allocation. I changed my earnings back to what they will actually be and the tax allocation changed. The system has again changed my earnings to some randomly generated number but thankfully left the tax code allocation the same.

I haven't bothered to se if things have reverted back to some random figures. I think I'll leave it for a few days, probably till next month after another payroll run to see if anything has altered.

Cheers fj

bigfreddiel

molerat wrote: »

I phoned up some months ago and told them of my forecast earnings for 2016-17 from each source and had my tax code allocated accordingly. The on line system decided I was going to get something different and changed my earnings and tax code allocation. I changed my earnings back to what they will actually be and the tax allocation changed. The system has again changed my earnings to some randomly generated number but thankfully left the tax code allocation the same.

Just had the paper based notice of coding mailed to me. It confirms my updates. Hopefully it won't revert back to some random figures!

Cheers fj