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
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.
