Do I Need to Do a Self Assessment Tax Return?
You need to file a Self Assessment return if any of these apply:
- You are self-employed and earned more than £1,000
- You are a landlord with rental income
- You earned more than £150,000 in total
- You had savings or investment income over your tax-free allowances
- You are a company director
- You received foreign income
- You need to pay the High Income Child Benefit Charge (income over £60,000)
- You owe Capital Gains Tax
- You receive pension income that is not fully taxed through PAYE
If None Apply
If you only earn PAYE employment income and your tax is fully collected through your tax code, you probably do not need Self Assessment.
If You Are Unsure
HMRC has an online tool to check whether you need to file. Search "check if you need to file a Self Assessment return" on GOV.UK.
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Tax & Compliance Specialists
Our tax specialists have decades of combined experience in UK sole trader and small business taxation, MTD compliance, and HMRC submissions. All content is reviewed against current HMRC guidance before publication and updated quarterly to reflect legislative changes.
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