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Self Assessment tax returns










You must send a tax return if, in the last tax year (6 April to 5 April), you were:


self-employed as a ‘sole trader’ and earned more than £1,000


a partner in a business partnership

You will not usually 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, such as:


money from renting out a property


tips and commission


income from savings, investments and dividends


foreign income


Other reasons for sending a return

You can choose to fill in a tax return to:


claim some Income Tax reliefs


prove you’re self-employed, for example to claim Tax-Free Childcare or Maternity Allowance

If you get Child Benefit

If 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.

If you are still unsure contact your financial advisor, you have until the 31st January 2020 to file a self assessment for the previous tax year


For those that need to file a self assessment for the first time online and you haven't registered yet it can take up to 10 days to get a new activation code sent out. You have until the 31st January 2020 to file a self assessment for the previous tax year.

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The Chalfont Bookkeeping Service Limited

Incorporated in England

Co. Registered No. 11778865

 

Tel: 07960 499 267

Address: Denham Lane,

Chalfont St Peter ,

Gerrards Cross,

Bucks,

SL9 0ES

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