Do I need to file a self assessment tax return?

Question 1

The Side Hustle Test: Did you make more than £1,000 total from a side gig this year?

💡Tip: This is your total earnings before expenses (from things like Etsy, dog walking, or freelancing).

Yes

No

Back

The Mega Earner Test: Is your main job salary (or total income) over £150,000 this year?

💡Tip: HMRC requires everyone in this high-earning bracket to file a return automatically.

Yes

No

Back

The Landlord Test: Did you rent out a house or flat and collect £10,000 or more in rent payments?

💡Tip: This is the total rent collected before you pay for repairs or management fees.

Yes

No

Back

The Secret Income Test: Did you receive any income of more than £2,500 where no tax has already been taken off?

💡Tip: Common examples are trust fund payments or bank interest that wasn't taxed at source.

Yes

No

Back

The Company Boss Test: Are you a director of a formal Limited Company and receiving dividends?

💡Tip: If you pay yourself through a mix of salary and dividends, you need to tell HMRC about the dividend part.

Yes

No

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The Child Benefit Crossover: Do you or your partner claim Child Benefit, AND does either of you earn over £60,000?

💡Tip: At this income level, HMRC starts to ask for some of that Child Benefit back through your tax return.

Yes

No

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The Foreign Money Test: Did you receive any income from overseas?

💡Tip: This includes foreign jobs, renting out a property abroad, or foreign investments.

Yes

No

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The Crypto/Asset Sale Test: Did you sell, swap, or gift assets (like shares, a second home, or crypto) where the total value was over £50,000, OR your profit (gain) was more than £3,000?

💡Tip: Selling 'stuff' for a big profit usually triggers Capital Gains Tax.

Yes

No

Back

Based on your answers, you likely do not need to file a Self-Assessment for the 2024-2025 tax year.

✏️ Note : This assumes you haven't received a specific letter from HMRC asking you to file for other reasons.

ACTION REQUIRED ⚠️

Based on your answers, you need to submit a tax return for the 2024-2025 tax year.

Here’s why...

🗓️ Key Deadline: Tax Returns must be filed and PAY any tax owed to HMRC by January 31, 2026. You may also be eligible for a refund.

⚠️ HMRC charge £100 penalty if your form is late and then further fines daily - even if you don’t owe any tax.

✅ Don’t take chances! Let Tax Online get your self assessment done on time and correctly.

Click here to start your Tax Return and avoid the HMRC fine or late fees

Do I need to file a self-assessment tax return?