Your Self-Assessment Tax Return

The information required for the completion of your Self-Assessment Tax Return…


Employment/Directorship Details

  • PAYE: Pay and Tax (Form P60/P45) – Benefits in Kind (Form P11D) – Salary sacrifice benefits
  • Any expenses which are incurred exclusively as a result of your employment
  • Student Loan Repayments – If you are liable to make student loan repayments, please advise if Plan1 or Plan 2 along with the amount deducted through PAYE or paid via Self-Assessment and if it is likely to be repaid within the next 2 years

Self-Employment and/or Partnership Income

Pensions, Annuities or State Benefits

  • State Pension, Occupational Pension, Retirement Annuities, taxable lump sum pension payments
  • State Benefits – e.g. JSA, Universal Credit, Taxable Incapacity Benefit/ESA, Carer’s Allowance

Interest Received on UK Savings & Investments

  • Bank/Building Society interest
  • Untaxed interest
  • Any other taxed interest
  • Peer to peer lending
  • Dividends from shares
  • Distributions from REITs

Any Other Income e.g.

  • Capital gains from crypto currencies
  • Foreign income
  • Income from sale of shares
  • Other capital gain from disposal of shares
  • Interest received on PPI refunds
  • Gains on surrender of life insurance policies
  • Land and property rental income
  • Any other income not covered by the above

Reliefs and Allowances

Pension Contributions

  • Personal pension plans/ Retirement Annuity Contracts
  • FSAVC’s

Other Reliefs

  • Donations to charities e.g. through Gift Aid
  • Vocational Training
  • Interest on qualifying loan
  • Subscription to Venture Capital Trust, EIS/SEIS
  • Trade Union or Friendly Society payments
  • Rent paid gross outside of the UK

Pre-owned Assets Tax – Please advise us if you have gifted any assets in the past for which you still enjoy the benefit

Second Residence – Please inform us if you have, or are planning to purchase a second residence

Substantial Gifts – Please inform us if you have gifted any substantial property during the year

Residence – Please tell us if you were one or more of the following:

  • Not resident/not ordinarily resident or not domiciled in the UK and claiming the remittance basis/dual resident in the UK and another country
  • Resident in Scotland

For further assistance regarding Self-Assessment Tax Returns please contact our Tax Team on 01633 815800

Self Assessment Tax Return

November 16, 2020