SS House, 67a Main Avenue, Enfield, EN1 1DS [email protected] 0207 118 0097

Who must send a tax return

Everybody who is registered as Self-Employed or applied for a UTR, or is in a business partnership, must submit a tax return.

You will not usually need to submit a tax return if your only income is from your wages or pension and you have paid tax by PAYE.

You may need to submit a Self-Assessment tax return if you have received any untaxed income, such as:

  • money from renting out a property
  • tips and commission
  • income from savings, investments and dividends
  • foreign income

You can also submit tax return to claim Income Tax reliefs such as tax-free childcare or maternity allowance.

Like this post if you found it useful, click share so you can help your Facebook friends too

Early Bird

Limited Time Offer

 

Only

£ 11 +vat pm

£119+vat
(One Time Payment)

FIND OUT MORE

Limited places, first come first

Products Left: 1511/500

Offer End on: 6th April 2021

Final Offer

Limited Time Offer

 

Only

£ 12 +vat pm

£135+vat
(One Time Payment)

FIND OUT MORE

Limited places, first come first service

Products Left: 0/2000

Offer End on: 30 Apr 2021

Early Bird

Limited Time Offer

 

Only

£ 11 +vat pm

£119+vat
(One Time Payment)

FIND OUT MORE

Limited places, first come first

Products Sold: 1511/2000

Offer Ends this Weekend

CIS stands for Construction Industry Scheme, it’s a tax legislation put in place by HMRC to ensure all construction workers pay their tax. Read more

Some Your client or contractor has to deduct CIS tax from your pay each and every time they pay you. They then pay this tax deduction to HMRC who hold it on your account until your submit your tax return. Read more

Everyone in the UK gets a tax free allowance, this is the threshold before you have to pay any tax. However, as your client has already deducted your tax from earnings under the threshold you can claim it back. Read more

If you have earning over the minimum threshold (£12,500 for tax year 20-21) then you can maximise your tax rebate by offsetting your income with business receipts. Read more

The main thing that you need is your CIS deduction certificates, payslips or your bank statements to prove income and tax deducted. Read more

You can claim back your CIS tax on the 6th April each year for the previous tax year. You then have until the 31st Jan (the tax return deadline) to submit your tax return. Read more

To claim back your tax you need to submit your self-assessment tax return. Read more

A CIS deduction certificate is the payslip that your client should give you each and every time you are paid. It will show the Gross, Nett and Tax deducted amounts that tax2u will need to reclaim your tax. Read more

It really couldn’t be simpler, log in or create your free account, upload your CIS deduction certificates / payslips and our accountants will do the rest. Read more



CLAIM MY TAX BACK