Self Assessment Tax Returns
Self-Assessment Tax Filing Services
The criteria determining who needs to complete a tax return varies around the world. In some countries, it is mandatory for all residents to submit a tax return. Our team can help you calculate your tax liability locally and across the globe. By enlisting the help of a professional, you can be confident you are compliant with tax laws.
Self-Assessment tax returns
in the UK:
If you work for an employer, your tax will most likely be deducted and paid via a PAYE system so do not need to complete a separate personal tax return. Self-assessment tax returns are predominantly relevant for people who are self-employed or have a secondary source of income.
Tax returns are also a requirement for people living in the UK with income generated abroad. Similarly, if you are a UK citizen residing outside the UK, you are still liable to pay tax on income generated within the UK.
For example, non-residential landlords living abroad should pay tax and file tax returns on income from rental properties. This applies to expatriates around the world.
If you are residing in a different country to your domestic country, it is important to stay proactive in understanding your tax liabilities in both countries.
It is challenging to remain up to date with the ever-changing global economy. More Group’s international team are dedicated to overcoming this challenge and are well educated in the global economy. Having offices around the world puts More Group at an advantage, providing more opportunities to learn about the countries and surrounding regions in which we operate. Our team specialise in local and international personal tax. More Group offers accurate advice through remaining current, compliant, and competitive.