100 days left for Self Assessment

Its best not to leave it to the last minute. You have until 31 January 2021 if filing an online tax return. The filing deadline for paper tax returns was 31 October 2020.

As a reminder, you need to complete a self assessment return if any of the following apply:

  • Are a company director
  • have earned more than £2,500 from renting out property
  • have received, or their partner has received, Child Benefit and either of them had an annual income of more than £50,000
  • have received more than £2,500 in other untaxed income, for example from tips or commission
  • are a self-employed sole trader whose annual turnover is over £1,000
  • are an employee claiming expenses in excess of £2,500
  • have an annual income of over £100,000
  • have earned income from abroad that they need to pay tax on