Tax Return Software
Most employees in the UK who are paying tax under the PAYE (pay as you earn) system are not required to file a UK tax return, this is because the PAYE system operates to withhold the right amount of tax from their wages or salaries.
However a tax return is required for
- a employee with salay who claims exemptions, and others with income from which no tax is withheld at source (e.g. from rental income)
- those who pay tax at the higher tax rate (40%, or 32.5% for dividend income)
- if you are self-employed then you need to file a tax return
- managing directors of companies to which has more than 35% shares
- employees and pensioners with more complicated tax circumstances
- if you have income, lived or worked abroad
If you are required to file a UK tax return, then using a tax return software may be of great assistance. Tax return software is simple, fast and an easy way to calculate and file your tax return.
Visit this link for more comprehensive information or visit our section on useful tax resources and tools.