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Who needs to complete a tax return?

1 - You're self-employed

You have to complete a return for each year you were self-employed (or a partner in a partnership). You need to complete a tax return even if you make a loss or if it's your final year of trading.

2 - You're a company director

3 - Your annual income is £100,000 or more

4 - You have income from savings, investment or property

If you are an employee or a pensioner and already pay tax through a PAYE code, you can sometimes ask for tax that you owe on income, such as savings and property, to be collected through your code number. You'll need to complete a tax return instead if the income you receive is:

  • £10,000 or more from taxed savings and investments
  • £2,500 or more from untaxed savings and investments
  • £10,000 or more from property (before deducting allowable expenses)
  • £2,500 or more from property (after deducting allowable expenses)

5 - You need to claim expenses or reliefs

If you're employed and want to claim expenses or professional subscriptions of £2,500 or more, you'll need to complete a tax return. If you want to claim expenses below this amount, you can contact HMRC.

You can only claim certain reliefs, such as Enterprise Investment Scheme relief or relief on Venture Capital Trusts, by completing a tax return.

6 - You or your partner receive Child Benefit and your income is over £50,000

The new High Income Child Benefit tax charge, introduced on 7 January 2013, may mean you need to complete a Self Assessment tax return for the first time. You must complete a tax return if all of the following apply:

  • your income is over £50,000 a year
  • you live with a partner and your income is higher than theirs
  • you or your partner are entitled to receive Child Benefit (or get an equivalent amount from someone who claims Child Benefit for a child who lives with you)
  • you jointly decide to keep receiving Child Benefit and pay the new tax charge

7 - You get income from overseas

You must complete a tax return if you have any foreign income that's liable to UK tax.

8 - You have income from trusts, settlements and estates

You must complete a return if you receive income (or are treated as receiving income) on which tax is still due, for example from:

  • annual trusts or settlements
  • the estate of a deceased person

9 -You have Capital Gains Tax to pay

If you have Capital Gains Tax to pay, for example you've sold, given away or otherwise disposed of an asset such as a holiday home or shares, you'll need to complete a tax return and the Capital Gains Tax pages.

10 - You've lived or worked abroad or aren't domiciled in the UK

Residency is a complex issue. Contact us to find out more about your residency status, the remittance basis and what to do next.

You may need to complete a tax return if you're:

  • not resident in the UK
  • not ordinarily resident in the UK
  • not domiciled in the UK and claim the 'remittance basis'
  • dual resident of the UK and another country

11 - You're a trustee

You'll need a tax return if you're a:

  • trustee or personal representative (including someone who manages the tax affairs of a deceased person)
  • trustee of certain pension schemes
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