Overpay into Pension

gadgetmind

badger09 wrote: »

So several reasons why Mrs gadgetmind might have to complete a tax return

Yup, she's got some earned income, but also interest, dividends (some foreign), royalties, and capital gains. She's also now registered as self-employed, but had to do returns even before this.

I've had to do a tax return every year for the last 30 years, and even had to do one (and register for VAT!) in my final year at university.

badger09

gadgetmind wrote: »

Yup, she's got some earned income, but also interest, dividends (some foreign), royalties, and capital gains. She's also now registered as self-employed, but had to do returns even before this.

I've had to do a tax return every year for the last 30 years, and even had to do one (and register for VAT!) in my final year at university.

I worked @ HMRC for more than 30 years, including several as a Senior Tax Inspector, mainly investigating companies and their directors

I never had to complete a tax return because they didn't pay enough to put me into the HR bracket

gadgetmind

badger09 wrote: »

I never had to complete a tax return because they didn't pay enough to put me into the HR bracket

That's an interesting statement given that -
1) Not everyone who has to complete a tax return is in the HR tax bracket.
2) Not everyone in the HR tax bracket has to complete a tax return.

My daughter is at university, and will soon be receiving rental income from some lodgers, so I guess she'll need to start doing tax returns!

badger09

gadgetmind wrote: »

That's an interesting statement given that -
1) Not everyone who has to complete a tax return is in the HR tax bracket.
2) Not everyone in the HR tax bracket has to complete a tax return.

My daughter is at university, and will soon be receiving rental income from some lodgers, so I guess she'll need to start doing tax returns!

I'm aware of the reasons for having to complete a tax return. Obviously, none of the reasons applied