Self-Assessment Tax Returns

 

The deadline for completing your Self Assessment Tax return for 2014-15 is fast approaching.

If you are due to file you need to submit your return and pay any tax due by 31st January 2016.

 

Who needs to complete a tax return?

 

If you are one of the over 11 million people that fall into one of the following categories it’s likely you'll need to complete a self-assessment tax return:

  • You are self-employed
  • You are a partner in a business partnership
  • You are a company director of a limited company
  • Your annual income is £100,000 or more
  • You have made a profit from selling a second home, shares or other chargeable assets
  • You have income from savings or investments of £10,000 or more 
  • You have income that is £2,500 or more (e.g. from renting out a property) 
  • You need to claim expenses or tax reliefs
  • You or your partner receive child benefit and your income is over £50,000
  • You receive income from overseas or don't live in the UK permanently
  • You have income from trusts, settlements or an estate
  • You are a trustee of a trust or registered pension scheme
     

Contact us

Bambridge Accountants provide a fixed price tax return service. Whether you are a free-lancer, sole trader, company director, or have extra income to declare, we can help you.

Contact us today to arrange your free consultation, or to make a start on your 2014/15 return!

 

Tax Return Tuesday Blog

 

Check out our new weekly Tax Return Tuesday blog for information, tax tips and advice!