Self-assessment tax returns

If you are earning money through any other way than PAYE, you’ll have to complete a tax return to let HMRC know how much you’ve earned and how much tax you owe.

You’ll need to submit one if you:

• were self-employed as a sole trader and earned more than £1,000
• were a partner in a business partnership.
• were renting out a property
• had income from savings, investments and dividends
• received child benefit and one person in the household earned over £50,000

Self-assessment is about to go through a lot of change, and the introduction of MTD and changes to basis periods may well make it confusing for a lot of people who have historically prepared their own returns. 

Here at Orange we are on top of all of the latest changes and will be able to offer advice to guide you, or prepare the self-assessment returns on your behalf. Our tax advisors are experts in their field and will be able to quickly identify areas for potential tax savings.