Document checklist for your Self Assessment

While the nation kick back and enjoy holidays at home and abroad, tax advisers are already thinking about the Autumn Tax season. Take some time out over the holidays to collate all your documentation and start the process early. Here’s a comprehensive checklist of essential documents you’ll need.

Personal Info:

• National Insurance number
• Unique Taxpayer Reference (UTR) number

Income:

• Employment: P60, P45, P11D forms
• Self-employment: Invoices, bank statements, business accounts
• Rental: Rent statements, expenses, receipts
• Investments: Dividend & interest statements, investment accounts
• Foreign income details

Expenses & Deductions:

• Business expenses: Receipts, invoices, bank statements
• Property expenses: Maintenance costs, mortgage interest, letting agent fees
• Charitable donations: Gift Aid declarations, receipts
• Pension contributions: Statements from providers
• Childcare costs: Receipts, payment records

Other Info:

• Previous tax returns
• Student loan statements
• Capital gains: Asset sale details
• Tax reliefs & allowances info

Additional Considerations:

• Marital status changes
• Medical expenses for tax relief
• Records of losses

Specific Situations:

• High-income Child Benefit Charge details
• Partnership statements
• Trust income details

Get organised and ace that self-assessment!

If you need a reminder of the top reasons to get your self assessment in early read our blog HERE.

Feel free to ask any questions in the comments or email us at admin@jarem.couk