SELF  ASSESSMENT  TAX  RETURNS 

 

 

The most common reasons that a tax return may be required are as follows:

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• You are self employed or a partner in a partnership

• You are a company director

• You have large amounts of savings or investment income

• You have untaxed savings or investment income

• You own land or property that is being let

• Your household receives Child Benefit 

• You have income from overseas

• You have sold or given an asset away 

• You’ve lived or worked abroad or aren’t domiciled in the UK

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The staff at HM Revenue & Customs are not tasked to advise you on how to organise your affairs and minimise your tax.

Therefore, if you want to make sure you are paying the right amount of tax, you should consult a professional.

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