Self Assessment Tax Returns for 2010

Tax Articles

Self Assessment Tax Returns for 2010

The tax season is fast approaching. This article offers some tips and advice on completing your self assessment tax return this year. If you can not see the answer you are looking for, please do not hesitate to leave a comment below.

Who needs to complete a self assessment tax return?
There are a number of reasons why the Inland Revenue might require you to complete a self assessment tax return. These include:

Being self employed
Living or working abroad
Company directors
A minister of religion (of any faith)
Income from savings and investments over £10,000
Income from renting property of £2,500 or more
income from the estate of a deceased person
Overseas Income
Annual income exceeds £100,000 or more
f you have capital gains tax to pay
If you need to claim expenses or relief’s

How can I complete my self assessment tax return?
It is possible to complete a tax return yourself if you know how. Alternatively you can use a tax return specialists who will complete the return for you on your behalf. Click on the link if you would like help completing your self assessment tax return online

What is the deadline for completing a tax return?
The deadline for paper based tax returns is 31 October. If you would like to do your tax return online, this can be done until the 31st January. We recommend that you get the balling rolling as soon as possible to avoid any delays in gathering information.

What is the penalty for not completing a tax return on time?
If the Inland Revenue does not receive your tax return by the above deadline you will automatically receive £100 penalty. If also pay your tax late you will charge interest from the date the tax was due until your payment was received.

Need to do a Self Assessment Tax Return?

Disclaimer: The above information can not be taken as advice and is for illustration purposes only. Please call Tax Fix before making any claims or confirmation. Tax Fix can not accept any liability for action taken and any losses incurred.

Anonymous - Tuesday, June 1st, 2010

I will like to complete a tax return form online

TaxFix - Wednesday, June 2nd, 2010

Anonymous: You can complete a self assessment tax return enquiry form here.

R YOUNG HGV DRIVER - Friday, June 4th, 2010

my wife as not worked since 1985 should i be claiming tax relief for her

TaxFix - Friday, June 4th, 2010

R YOUNG HGV DRIVER: She may be able to claim JSA.

Anonymous - Monday, July 5th, 2010

do foster carers need to complete self tax assessment form?

TaxFix - Monday, July 5th, 2010

Anonymous: If you are receiving an income you can declare this to the Inland Revenue via a self assessment tax return.

Sam - Friday, July 9th, 2010

It is my first tax year where I have my own car instead of a company car. Am I allowed to claim for servicing and cost of new tyres etc as I am doing quite high company mileage which impacts on the wear and tear of the car?

TaxFix - Saturday, July 10th, 2010

Sam: If you use your own car for business, you can claim 40 pence per mile for the first 10,000 miles and 25 pence per mile for any over this amount. You might find this article interesting about mileage allowance.

Anonymous - Monday, July 12th, 2010

I rent a house out for £525 pcm. This is not the house I live in. Do I need to complete a self assessment tax return?

TaxFix - Tuesday, July 13th, 2010

Anonymous: If you receive income from a property, you should be letting the Inland Revenue know. You can do this by completing a tax return.

Anonymous - Tuesday, July 13th, 2010

what is the upper limit for completing the short tax return for income from buy to let investments

TaxFix - Wednesday, July 14th, 2010

Anonymous: The Inland Revenue states that you can only do a short tax return if you have income from UK property of under £68,000.

Claim Your Tax Rebate

Recent Questions

Q. what tax code should i be on if im a single parent...

Q. I have applied for a tax refund, can i claim unemp...

Q. Should you pay tax in the UK if you work in Europe...

Syndicate this article

<h1>Self Assessment Tax Returns for 2010</h1><br /><table style="height: 154px;" border="0" cellpadding="0" width="177" align="right">
<tbody>
<tr>
<td>
<div><img src="http://taxfix.co.uk/images/25087.jpg" alt="self assessment tax  return 2009-2010" width="172" height="114" /></div>
</td>
</tr>
<tr>
<td height="30">
<div><span style="font-family: Arial,Helvetica,sans-serif; font-size: x-small;"><em><br />
</em></span></div>
</td>
</tr>
</tbody>
</table>
<p>The tax season is fast  approaching.                This article offers some tips and advice on completing  your self                assessment tax return this year. If you can not see the  answer you                are looking for, please do not hesitate to leave a comment  below.</p>
<ul style="padding-top: 10px;" type="desc">
<li><a href="http://taxfix.co.uk/tax-back-articles/self-assessment-tax-return-2009-2010.html#1" onclick="javascript:pageTracker._trackPageview('/outbound/article/taxfix.co.uk');"><strong><span style="text-decoration: underline;">Who                  needs to complete a self assessment tax return?</span></strong></a></li>
<li><a href="http://taxfix.co.uk/tax-back-articles/self-assessment-tax-return-2009-2010.html#2" onclick="javascript:pageTracker._trackPageview('/outbound/article/taxfix.co.uk');"><strong><span style="text-decoration: underline;">How                  can I complete my self assessment tax return?</span></strong></a></li>
<li><a href="http://taxfix.co.uk/tax-back-articles/self-assessment-tax-return-2009-2010.html#3" onclick="javascript:pageTracker._trackPageview('/outbound/article/taxfix.co.uk');"><strong><span style="text-decoration: underline;">What                  is the deadline for completing a tax return?</span></strong></a></li>
<li><a href="http://taxfix.co.uk/tax-back-articles/self-assessment-tax-return-2009-2010.html#4" onclick="javascript:pageTracker._trackPageview('/outbound/article/taxfix.co.uk');"><strong><span style="text-decoration: underline;">What                  is the penalty for not completing a tax return on time?</span></strong></a></li>
</ul>
<p><a name="1"></a><strong>Who  needs                to complete a self assessment tax return?</strong><br />
There are a number of reasons why the Inland Revenue might  require                you to complete a self assessment tax return. These  include:</p>
<ul style="padding-top: 10px;" type="desc">
<li>Being  self                  employed</li>
<li>Living or  working abroad</li>
<li>Company  directors</li>
<li>A minister  of religion                  (of any faith)</li>
<li>Income from  savings                  and investments over £10,000</li>
<li>Income from  renting                  property of £2,500 or more</li>
<li>income from  the estate                  of a deceased person</li>
<li>Overseas  Income</li>
<li>Annual income exceeds £100,000 or more</li>
<li>f you have  capital                  gains tax to pay</li>
<li>If you need  to claim                  expenses or relief’s</li>
</ul>
<p><a name="2"></a><strong>How  can                I complete my self assessment tax return?</strong><br />
It is possible to complete a tax return yourself if you  know how.                Alternatively you can use a tax return specialists who  will complete                the return for you on your behalf. Click on the link if  you would                like help completing your <a style="text-decoration: underline;" href="http://taxfix.co.uk/tax-return/self-assessment.php" onclick="javascript:pageTracker._trackPageview('/outbound/article/taxfix.co.uk');">self                assessment tax return online</a></p>
<p><a name="3"></a><strong>What is the deadline for completing a  tax                return?<br />
</strong>The deadline for paper based tax returns is 31  October. If you                would like to do your tax return online, this can be done  until                the 31st January. We recommend that you get the balling  rolling                as soon as possible to avoid any delays in gathering  information.<br />
<strong><br />
</strong> <a name="4"></a><strong>What                is the penalty for not completing a tax return on time?</strong><br />
If the Inland Revenue does not receive your tax return by  the above                deadline you will automatically receive £100 penalty. If  also                pay your tax late you will charge interest from the date  the tax                was due until your payment was received.</p>
<p><span style="font-family: Arial,Helvetica,sans-serif;"> </span></p>
<table border="0" cellpadding="0" width="338" align="center">
<tbody>
<tr>
<td width="163">
<h2 style="text-align: center;"><span style="font-family: Arial,Helvetica,sans-serif;"><strong><a style="text-decoration: underline;" href="http://taxfix.co.uk/tax-return/self-assessment.php" onclick="javascript:pageTracker._trackPageview('/outbound/article/taxfix.co.uk');">Need                      to do a Self Assessment Tax Return?</a></strong></span></h2>
</td>
<td width="140">
<div><a href="http://taxfix.co.uk/tax-return/self-assessment.php"><br />
<img src="../../../images/apply.gif" border="0" alt="apply for a tax rebate" width="140" height="20" /></a></div>
</td>
</tr>
</tbody>
</table>
<p><em>Disclaimer:                 The above information can not be taken as advice and is  for illustration                purposes only. Please call Tax Fix before making any  claims or confirmation.                Tax Fix can not accept any liability for action taken and  any losses                incurred.</em></p>
<p>Article Source: <em><a href="http://www.taxfix.co.uk/articles/self-assessment-tax-returns-for-20092010.html" title="Self Assessment Tax Returns for 2010">Self Assessment Tax Returns for 2010</a></em></p>

Tax Articles