Fortress Accounts

What You Need To Know About Personal Tax Returns

Do I need to fill in a self-assessment tax return?

You will need to fill in a self-assessment tax return in the UK depending on several factors. For starters, if your self-employment income is more than £1,000 before your expenses, then you’re supposed to fill in a self-assessment tax return.

How to register for a self-assessment tax return?

There are several ways to register for a self-assessment tax return if you’re:

  • Self-employed
  • Not self-employed but need to declare income
  • In partnership

Your unique taxpayer reference will be sent to you once you’ve registered. Find out more about personal tax returns in our more in-depth article Everything You Need To Know About Tax Returns

For more information, speak to our team of accountants in Coventry

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