Tax - Self Assesment ???
29 February 2004, 07:23 AM
#1
Scooby Regular
Thread Starter
Join Date: Oct 2002
Location: ex UK [SE], now Sunshine State [QLD,AUS]
Posts: 565
Likes: 0
Received 1 Like
on
1 Post
Tax - Self Assesment ???
Apologies, but living in NZ, so not in touch with UK issues.
Who exactly has to submit to self assesment ?
I presumed that it was just people paying 40% tax ??
Who exactly has to submit to self assesment ?
I presumed that it was just people paying 40% tax ??
29 February 2004, 08:37 AM
#2
Scooby Regular
iTrader: (1)
Join Date: May 2001
Location: Berk (s)
Posts: 2,491
Likes: 0
Received 0 Likes
on
0 Posts
Simplistically, anyone who might have any untaxed income or could be in an overpayment situation seeking a refund of tax paid.
The onus is on you to decide whether you need to submit a TR, rather than the IR to find out !
D
The onus is on you to decide whether you need to submit a TR, rather than the IR to find out !
D
29 February 2004, 08:47 AM
#3
Scooby Regular
Thread Starter
Join Date: Oct 2002
Location: ex UK [SE], now Sunshine State [QLD,AUS]
Posts: 565
Likes: 0
Received 1 Like
on
1 Post
So, in my situation I earn UK rental income, but also incur UK costs, and the net income is less then my personal allowance. I therefore don't pay tax or reclaim tax.
Should I (or am I oblidged) to do self assesement ??
Should I (or am I oblidged) to do self assesement ??
Thread
Thread Starter
Forum
Replies
Last Post
Wingnuttzz
Member's Gallery
30
26 April 2022 11:15 PM
Mattybr5@MB Developments
Full Cars Breaking For Spares
20
22 October 2015 06:12 AM