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.