Over the last few years, changes to tax legislation has meant more individuals than ever have needed to file tax returns to ensure they have met their tax obligations.

Typically, you will need to file a tax return where the following circumstances apply:

• You have earned more than £ 100,000 gross income
• You have received dividends of more than £ 2,000
• You have received interest from investments or savings of more than £ 500 (higher rate taxpayers) or £ 1000 (basic rate taxpayers)
• You have sold assets where the capital gain is more than £ 12,300
• You receive income from a rental property
• You receive foreign income
• You have received self employment income of more than £1,000
• You have received income from a partnership
• You have claimed child benefit but either yourself or a partner/spouse that you share a household with has earned more than £ 50,000 gross income

This list is not exhaustive by any means, but it is your responsibility to ensure your tax affairs are up to date, and failing to register for self-assessment can result in significant penalties being levied.

If you think you may need to file a tax return, and need assistance in doing so, please get in touch with This email address is being protected from spambots. You need JavaScript enabled to view it. as soon as possible, so that we can ensure that any filing deadlines are met.