The Book-keepers Forum (BKF)

Post Info TOPIC: Tax returns


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Tax returns



Hi, We have a potential client wanting her next tax return completed. Can we ask for advice on al the details/documents you need for a return, just to make sure. thanx smile

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Information and records that are normally needed to complete a personal tax return include the following:

Employment - you need to ask for a copy of any P60(s), P45(s) and P11D(s) received in the year. 

Land & Property - you will need details of any rent due or received and the allowable / capital expenses incurred during the year.  This needs to be broken down and detailed per property.

Savings Accounts - ask for details of any building society or bank interest received and whether it was received net or gross.

Self Employment Income - the income figure is based on the adjusted net profit from the set of accounts.

Dividends - details of any dividends received and ideally copy dividend vouchers

Pensions - details of gross payments paid into private pension scheme in the tax year

Capital Gains - details of any capital gains made in the tax year

Also ask for any income received from any other sources.

Hope this helps.

All the best.

Guy



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