If you fit any of the following criteria you may need to complete a self assessment tax return form.
- You earned £38,335 or more in the previous financial year
- You have been or are a director of a company
- You have earned income from a rental property
- HMRC has sent a Tax Return to for completion
- You have annual income from savings or investments of £10,000 or more (before tax)
- You have received any untaxed income or have made any chargeable capital gains over the annual exemption of £8,800
- You have any taxable foreign income
- You want to claim tax for expenses or professional subscriptions of £2,500 or more
How do you complete a self assessment tax return form?
You can download one from the Inland Revenue site.
If you don't want to do this yourself or require help, FastrackOZ works closely with tax specialists who can offer you help and advice. They can assist you in completing your tax return correctly and on time.
How does the FastrackOZ tax return service work?
- You submits details online if you request our service
- Payments are taken by cheque, BACS or credit card
- Your tax advisor collects and assesses your information and will liaise with you via email and phone
- Alternatively you can arrange to book an appointment with your tax advisor if you require it
- Your return is submitted
How much does it cost?
Our Tax Return service is available on its own or as an add-on to the FastrackOZ Starter Pack.
The service starts at £150 plus VAT.
You can also upgrade your FastrackOZ Starter Pack with an Accommodation package, or Financial Services Package. To get started contact your FastrackOZ consultant.