TAX RETURNS IN UK
Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return.
The most common reasons that a tax return may be required are as follows:
At TaxAssist Accountants we use HM Revenue & Customs-approved software to:
In the United Kingdom, a tax return is a document that must be filed with the HM Revenue & Customs declaring liability for taxation. Different bodies must file different returns with respect to various forms of taxation. HM Revenue and Customs (HMRC) may issue a tax return to you each tax year. If you receive a tax return, the law says you must fill it in. HMRC uses the information on your tax return to work out your tax bill or work out whether you are due a tax refund.