O'Reilly logo

Daily Telegraph Tax Guide 2012, The by David Genders

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

14

How to complete your Tax Return and work out your tax

This tax guide is being published shortly after HMRC have sent out Tax Returns:

  • requiring taxpayers, by law, to make a Return of their taxable income and capital gains for the year from 6 April 2011 to 5 April 2012; and
  • enabling them to claim the allowances and tax reliefs to which they are entitled for the same year.

Do I need to complete a Tax Return?

You probably don’t need to complete a Tax Return if:

  • your tax affairs are not complicated; and
  • you receive income taxed under PAYE.

But you may need to fill one in if:

  • your tax affairs are not straightforward; and
  • you receive income from several sources.

Who has to complete a Tax Return?

HMRC will want a Tax Return from you each ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required