Personal tax

Who Needs To File A Personal Tax Return?

There are a number of reasons why you would need to submit a Personal Tax Return to HMRC. If you receive any form of the following income streams, whether or not you also have a salaried job, you will need to file a Personal Tax Return:

• Dividends from shares in a limited company
• Sole trade business with turnover above £1,000
• If you are a partner in a partnership or LLP
• If you own rental properties
• If you earn over £100,000 per year from a salaried job
• If you trade in assets that qualify for Capital Gains Tax
• Other more exceptional scenarios reviewed on a case by case basis