Personal Tax Returns

Tax returns affect more people than you think

Self Assessment Tax Returns are not just for the self-employed. They’re also required for all Directors, Shareholders with Dividends over £10,000, people claiming child benefit with an income over £50,000, people with a capital gain to report or people with a salary over £100,000 amongst a few other reasons. If HMRC has written to you asking for a return, it is required regardless of your earnings.

If you consider that this is something you should be doing, we can help you.

We just need a few things from you

Here’s a typical list of things we ask for;

Employment income records (P60, P45, final payslips) and any P11Ds
Self-employed invoice records
Self-employed expenses list
Details of any Dividends received from UK companies
Bank Interest certificates (can be requested from bank by most online facilities. Its a certificate they create once a year to show the interest earned)
Charitable donations detail (if a 40% tax payer, you can get relief on your donations). We need to be able to split between gift aided and non gift-aided and evidence a list if possible
List of payments into a pension plan. Also need to know if they were made from pre-taxed income (direct from employer) or if they get the tax added back at source. This does not need to include pensions from auto-enrolment on your payslips
Were any benefits claimed (including child benefit) - we need a list of them please
Any other income, costs or taxes paid that we should be made aware of
Details of any payments you made to HMRC in January or July (advance payments)