Should I be in Self Assessment?

[Carl Dowd]

The content below is not posted to teach anyone to suck eggs! I have just received my tax return and enclosed was the following so I thought it 'might' be useful for some on here. There always seems to be a lot of questions concerning Tax liability...

SHOULD I BE IN SELF ASSESSMENT?

If you answer YES to any of the following questions then you will have to complete a tax return for the year 6 April 2011 to 5 April 2012.

Were you self employed or a partner in a business at any time in the year?
Were you a company director?
Did you receive income over £100,000?
Did you receive more than £10,000 in savings and investment income?
Did you receive more than £2,500 in untaxed income?
Did you receive income from letting out property?
Did you receive foreign income liable to UK tax?
Are you an employee claiming expenses or professional subscriptions of £2,500 or more?

Trust this helps...

CD

 

[littlewoman]

Very helpful. I got the same with my letter this year after telling them 3 times on different occassions that I was no longer self-employed and shouldn't have to fill in a tax return. The second person I told (after getting last years return) said there was all sorts of reasons why I might have to fill in a form but she couldn't tell me which one I qualified under but I would still have to fill it in. I then told someone else and they said I 'd have to fill in the current one but as I didn't meet any of the criteria and had now informedthat I wasn't self employed (for the third time) I wouldn't get another. I did. So after the fourth phone call armed with my little list of criteria they have now sent me the form to fill in to tell them I'm no longer self-employed.
Still keeps people in work doesn't it