You will need to complete a tax return if:
- You are self employed
- A company director (receiving dividend income)
- A minister
- Your annual income exceeds £100,000
- You have income from savings, investment or property (buy to let)
- You or your partner receive child benefit and your income exceeds £50,000 (changed to £60,000 after 6th April 2024)
- You have overseas income
- You rent out a room in you home and receive more than £7,500 per tax year
- You have a side hustle earning making more than £1,000 per tax year
- You are a higher rate tax payer who pays into a pension
- You have income from trusts, settlements and estates
- You have made a capital gain or capital loss by selling an asset
- You’ve lived or worked abroad or aren’t domiciled in the UK
- You’re a trustee
If you require further information please contact us.
