Home For accounting professionals General accounting discussion
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


No Self Assessment

spurschic1@yahoo.com[email protected] Feels At HomeRegistered Posts: 94
Hi All,

I have a UK client that is employed and also has their own business. She tells me that she doesn't complete a self assessment return and only has a tax return for her company, is this right? She has supplied me with her P60 for her employed job.

Thanks :001_smile:

Comments

  • JodieRJodieR Experienced Mentor Registered Posts: 1,002
    if the business is a Ltd company and the grossed up dividends plus her salary are within the basic rate tax band then there is no need to complete a self assessment return UNLESS HMRC issue one, in which case she must complete it.
  • spurschic1@yahoo.com[email protected] Feels At Home Registered Posts: 94
    Thanks Jodie, that's great! :)
Sign In or Register to comment.