Category Archives: Self Assessment

File early to have self-assessment tax coded out

File early to have self-assessment tax coded out

Self-assessment Tax The coding out threshold may entitle you to have tax underpayments collected via your tax code when you are in employment or in receipt of a company pension. Instead of paying off debts in a lump sum, money is collected in equal monthly instalments over the tax year. If you want to benefit […]

Do you need to register for self-assessment?

There are a number of reasons why you might need to complete a self-assessment return. This includes if you are self-employed, a company director, have an annual income over £150,000 and / or have income from savings, investment or property. The £100,000 threshold for self-assessment threshold change for taxpayers taxed through PAYE only, increased from […]