Who must submit a self-assessment tax return?
You must submit a self-assessment tax return to HMRC if, in the last tax year (6 April to 5 April), you were:
You will not normally need to send a return if your only income is from your wages or pension. But you may need to send one if you have any other untaxed income, for example:
Are there any other reasons for submitting a return?
Yes. You can choose to fill in a self-assessment tax return to:
Also, if you receive Child Benefit and your income (or your partner’s, if you have one) was over £50,000, you may need to send a return and pay the High-Income Child Benefit Charge.
What Income Tax reliefs are available?
‘Tax relief’ means that you either:
You get some types of tax relief automatically – but some you must apply for.
When can you get tax relief?
Some examples where tax relief applies are to pension contributions, charity donations, maintenance payments and time spent working on a ship outside the UK.
It also applies to work or business expenses – you may be able to:
To find out more about income tax reliefs read this article.
If you are unsure, get in touch
If you are in any doubt regarding your requirement to complete a Tax Return get in touch.
If you have not submitted a Tax Return previously HMRC will need to be notified by the 5 October following the end of the tax year. We can liaise with HMRC to register you for the Self-Assessment system.
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