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Tax returns, are they really worth it?

I mainly ask as I've never done one, but never really had the need for one.

Previously employed at under 14k a year with that only rising in the last 4 months or so to just 14k, have checked the 'are you paying the right tax' calc on the site here and never found I was over or under paying according to their figures.

So the question is, is this whole rigmarol really worth it?

Comments

  • Mikeyorks
    Mikeyorks Posts: 10,379 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Why would you need to complete one? If you're on a standard tax Code (747L or thereabouts) then PAYE will take care of virtually everything if your financial affairs are other than complex.

    Reasons for getting involved with SA are listed here :

    http://www.hmrc.gov.uk/sa/need-tax-return.htm
    If you want to test the depth of the water .........don't use both feet !
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