💡You need to submit a tax return if you’re self-employed or have earned over £1,000 in untaxed income.💷 It’s not just for the self-employed—other reasons to file include: • Income from renting property (e.g., Airbnb). • Tips and commissions. • Earnings from savings, investments, or dividends. • Foreign income. This isn’t an exhaustive list. If you’re unsure, get in touch with us, consult a professional tax advisor or contact HMRC for guidance. Completing your tax return on time is crucial. If not, you will face a £100 fine, which will increase if your return is more than three months late. And if you are paying from overseas, allow extra time for processing. #EssexAccountant #KcaAccountants #BusinessAdvisor #EssexAccountants #BusinessAdvice