The list below sets out the main reasons why your client would need to fill in a tax return:
Self employment They were self-employed for any part of the tax year. Partner in a business partnership They were a partner in a business partnership for any part of the tax year. Company Director They were a company director (unless this was a non-profit organisation and they didn’t receive payments or benefits). Savings and investment income They received £10,000 or more in the tax year. Untaxed income They received £2,500 or more in the tax year. Income from Property They received income from property during the tax year of £10,000 or more (before deducting allowable expenses) or £2,500 or more (after deducting allowable expenses). Foreign income that is liable to UK tax: They received any foreign income that’s liable to UK tax. Employment and wish to claim expenses or professional subscriptions They were employed or a director. They have expenses or professional subscriptions of £2,500 or more to claim Total Income They received income from all sources in the tax year of £100,000 or more. Bankruptcy / Sequestration / Individual Voluntary Arrangement They may need to fill in a tax return for the year in which they were declared bankrupt, sequestrated or entered into a voluntary arrangement. High Income Child Benefit Charge If your client’s income is more than £50,000 and your client or their partner received Child Benefit, they may need to fill in a tax return.
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