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Self Assessment tax returns are a method used by tax authorities
Other Self Assessment tax returns are a system used by tax authorities, such as HM Revenue and Customs (HMRC) in the UK, to collect income tax. Individuals and businesses must file these returns if they have income or gains that aren't taxed at source, such as from self-employment, rental properties, or investments. The process involves reporting income, claiming allowable expenses, and calculating the tax due. Self Assessment requires accurate record-keeping and timely submission to avoid penalties. It offers a way for taxpayers to ensure they are paying the correct amount of tax and provides an opportunity to claim any tax reliefs or deductions they are entitled to.
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Construction Management, 2 June
Construction deaths halve in two years.
Green Book changes to drive investment in all parts of UK.
Minimum energy efficiency standards (MEES)
CIAT briefing on response to consultations for privately rented non-domestic properties.
Connect, collaborate, shape the future
Registration now live for UK Construction Week Birmingham.
CIOB announces Saul Humphrey FCIOB as new President for 26/27 term.
A quick, simple, and zero-bills solution to prevent overheating.
The adaptive reuse of large industrial structures.
Promoting the circular economy by extending the life of buildings.
CIAT responds to Climate Change Committee report
An urgent wake-up call for both government and the built environment.
Construction Management, 24 June
FMB pilot aims to build pipeline of site-ready tradespeople.
A quick introduction.
CLC publishes Mental Health Joint Code of Practice.
A quick introduction to its uses and risks.