Date posted: 11th Jul 2025
With the next tax return season approaching, it’s important to check whether you need to submit a Self Assessment tax return for the 2024/25 tax year.
Even if you’re employed and pay tax via PAYE, there are several situations where you may still need to file a Self Assessment tax return.
You May Need to File a Return If You:
- Are self-employed or a partner in a business
- Received untaxed income, such as:
- Rental income
- Dividends or savings interest
- Capital gains (e.g. from selling shares or property)
- Claimed Child Benefit and either you or your partner earns over £60,000
- Receive foreign income or capital gains
- Are a non-resident with UK income
- Received income from trusts, settlements, or estates
- Need to pay additional tax on pension contributions savings
- Sell a capital asset and receive proceeds of over £50,000
You Might Also File Voluntarily To:
- Claim tax relief (e.g. on pension contributions or charitable giving)
- Report losses to carry forward including capital losses
- Reclaim overpaid tax
Key Dates
- 5 October 2025 – Deadline to register for Self Assessment (if it’s your first time)
- 31 January 2026 – Deadline to file online and pay any tax due
Don’t Miss Out or Risk Penalties
HMRC issues penalties for late filing and payments—even if you didn’t owe any tax. If you’re unsure whether a return is required, speak to us as soon as possible so we can advise and register you if needed.
Need Help?
We’re here to handle your return efficiently and ensure you’re claiming everything you’re entitled to.
Contact us today to check your filing status or get your return underway.
