Self Assessment or Tax return, involves completing an online or paper tax return in order to tell The Inland Revenue about your income and capital gains (profits on the sale of certain assets), or to claim tax allowances or reliefs against your tax bill. We use the figures on the tax return to work out your tax bill, or you can work it out yourself.
There are different types of tax return and different 'supplementary pages' you may need to complete depending on your circumstances. There are also deadlines for sending your tax return in - and penalties and interest charges if it arrives late.
We can file most tax returns online for you.
If you pay tax on your earnings or pensions through PAYE (Pay As You Earn) your employer or pension provider deducts tax on our behalf and you won't usually need to complete a tax return. In these cases The Inland Revenue normally also ask them to use the PAYE system to deduct any tax you may owe on a State Pension or other taxable income (eg investment or rental income) up to a certain level.
But if you have more complicated tax affairs you may need to complete a tax return. There are also certain circumstances in which you will always need to complete a tax return - for example if you're self-employed, a company director or a trustee or if you have foreign income or are a resident abroad with any UK income.
Filing your Tax Return with Uktaxes has many advantages - for example we will automatically calculate any tax payable or any repayment due to you. You'll also have three months longer to file the return than if you use a paper form - you'll have until 31 January following the end of the tax year instead of the previous 31 October.
To file for Self Assessment Online we will need your ten-digit Unique Taxpayer Reference (UTR). You'll find your UTR on correspondence from HMRC or you can contact your Tax Office and ask for your UTR - it can only be sent in the post to your home address.
If you are new to Self Assessment, you may not have a UTR yet, when we become your Tax Agents, once we submit your 64-8 agent form to the Inland Revenue, we will be able to track your details and UTR number.
Download the penalties leaflet to know the penalties you may face if you do not file your tax return on time and with the correct information.
UTR (Unique Taxpayer Reference) is a unique set of 10 numerals allocated automatically
By the SA computer system when a taxpayer record is set up
By the CT computer system when a company taxpayer record is set up. The same UTR will be used to set up an SA record for the company, where required
You need to notify the Inland Revenue you are a non resident with a P85 form. If you are a new commuter or have not done a P85 form, we can help you with it.
If you just arrived in the UK to work and need to obtain an UTR, you need to file a P86 form. Click here for more help and advice.
You may find your UTR display on the top left corner of your tax return paperwork.
New Commuters or first time doing Tax Returns... click here
We will also need you to complete the Agent form to be able to act on your behalf as your agents.
If you have never done a tax return you may need to file a P85 to notify the Inland Revenue you have left the UK.
Please contact us and we will send you the relevant information depending on your circumstances.