SELF ASSESSMENT

Self Assessment for reporting clinicians.

A clinician can be taxed through PAYE and still need a tax return because of private work, dividends, rental income or other circumstances.

Why a return may be needed

Private reporting income received personally, company dividends, property income and significant investment income can create filing requirements.

Multiple sources of income

A return brings together PAYE employment, self-employment, dividends, savings, property and other taxable income.

Payments on account

Payments on account can arise where sufficient tax is not collected at source.

Information to gather

P60 and P11D information
Private reporting income and expenses
Dividend vouchers
Pension contribution records
Property and investment information