Employed Individuals

Examples of when you may need to complete a return:

You are self-employed or a partner in a partnership

• You are also self-employed or a member of a partnership
• You are a company director
• You receive benefits from your employer e.g. company car or private medical insurance etc
• You have savings or investment income above the annual exempt levels
• You have any untaxed savings or investment income
• You rent out property
• Your income exceeds £50,000 and you or your spouse/partner receives Child Benefit
• You have overseas income
• You have sold or given an asset away (CGT)
• Your adjusted net income exceeds £100,000

Even if some of these activities do not generate a profit (such as rental properties or self-employment), completing a tax return may still be necessary and even when a tax return is not required, in some circumstances it is beneficial to do.

What can we do for you?

• Prepare your tax return and check your tax if you suspect the tax collected by your employer was incorrect
• Prepare your tax return to declare your untaxed income from savings or property rental or if your income is in excess of £100,000.
• Make a claim for a tax refund from HMRC on your behalf
• Check your tax code to ensure it is appropriate
• Claim expenses necessarily incurred by you as a result of being employed e.g. business mileage, hotel accommodation/ meals/ business phone calls and professional subscriptions