Tax Return Surgery
Your self assessment questions answered
Welcome to the tax return surgery. We've put together loads of useful articles, and reference tools to make self assesment a little less taxing. We've got information on tax rates and allowances, a handy glossary to cut through that tax jargon.
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Latest Tax return articles
If you’re dealt with under the self-assessment tax system in the UK (and nearly 9m people are) then you need to have your tax return for 2007/08 submitted by the 31st January to avoid a £100 fine.
Read the rest of Tax return deadline: beat the taxman's £100 fine
The phrase self assessment relates to the fact that it is now the taxpayers responsibility to inform HMRC about their tax affairs during the year concerned.
Read the rest of Self Assessment explained
Self assessment was introduced in 1998 as the way taxpayers would inform HM Revenue of the income they have received during a tax year. The phrase self assessment relates to the fact that it is now the taxpayers responsibility.
Read the rest of Tax returns - key dates for self assessment
Most people pay their tax as they go along by having it deducted from their wages by their employers. If however you are not employed but still have income that is taxable you will need to register with HMRC and complete a self assessment tax return each year.
Read the rest of Who needs to complete a tax return?