Personal Tax Return Checklist Checklist:SA100-Tax-Year-2024 Checklist:SA100-Tax-Year-2024 IMPORTANT ANNUAL CHECKLIST. ESTIMATED TIME TO COMPLETE: 5 MINUTES YOUR DETAILS Your T4 Client Reference e.g. A111 (if not sure just leave blank) First Name * First name Last Name * Surname Your Email * For most submissions you will also get a copy of what you tell us, by email. BACKGROUND About Tax Returns This is a IMPORTANT ANNUAL CHECKLIST. It does not ask for figures or specifics but aims to ensure we have important up to date information that helps ensure we advise you well, and correctly. Things can change from year to year so we send this checklist annually as an efficient way to gather the information we need. We will obtain any income or expense details separately, if you have not already provided them. Please answer each question as best and you can and if you are unsure about any of your answers either, a) give us a call or b) make a note of your query or comment in the "additional information" section towards the end of this checklist. NEXT - Select the Tax Year * Yes, ready to select the tax year TAX YEAR Tax years run from 6 April to 5 April (inclusive). HMRC Tax Return Deadline is next 31 January after tax year end. Relevant Tax Year * 2023-24 (6 April 2023 to 5 April 2024)Other What Other Tax Year are you supplying information about * e.g. enter 5 April 2023 (for an older year), 5 April 2024 (for the next year not yet finished) if you are providing for a different tax year NEXT - INCOME SOURCES * NEXT - Let us know your income types in the tax year INCOMES SOURCES FOR THE TAX YEAR Tax years run from 6 April to 5 April (inclusive). You only need to select EACH category of income(s) you had in the tax year. (We don't ask for amounts in this general checklist). INCOME SOURCES (FOR THE TAX YEAR CONCERNED) * Employment Income (PAYE) - from my own Limited Company Employment Income (PAYE) - from another employer (Not my own business) Employment Income (PAYE) - Benefits in Kind, e.g. Company Car, Private Health Insurance etc. Self-Employed Income (Sole trader not Ltd Co.) Partnership Income (Self-Employed, not Ltd Co) Investment Income - Interest Received (e.g. bank or building society interest) Investment Income - Dividends (separate from my own business) Investment Income - Other Investments Rental Income - UK Property State Pension received (i.e. Gov.uk) Pension received from Previous Employer Pensions - Other pensions received Capital Gains - UK Assets Sold (or gifted away) Gains - Crypto Currency Investments Foreign Income - Interest Received (e.g. bank interest) Foreign Income - Rental Income Foreign Income - Overseas Pension Received Foreign Income - Capital Gains (assets sold abroad) Trust Income (e.g. if you are a beneficiary or deemed settlor) Tax Free Investments (e.g., ISAs don't need to be declared on tax returns) Or, I had Zero income from ANY sources Tax Returns MUST declare ALL sources of taxable income and gains. Therefore please select ALL sources of income that you have. Crypto Currencies * Gains from crypto currencies are taxable and therefore must be declared on tax returns. If you are frequently "trading" currency it may be liable to income tax and not capital gains tax. Crypto Currency - Level of Investment * Under £10,000 £10,000 to £50,000 Over £50,000 Briefly describe your job title and the work you do for your employer * Just a brief explanation needed. e.g. Qualified District Nurse, work in the community, full time. (or hospital based) Do you incur any expenses personally relating to your employment(s) * Yes No NEXT - RELIEF CLAIMS * NEXT - Relief Claims in the tax year EMPLOYMENT EXPENSES & ALLOWANCES LINK: HMRC Guidance on Woking from Home: https://www.gov.uk/tax-relief-for-employees/working-at-home (opens a new tab) Which Work Related Expenses? NO, None of the following expenses apply. Working from Home Uniform & Clothes Cleaning Tools Professional or Trade Memberships Travel or Overnight expenses Using a car or van I own for Work Journeys (not normal commuting) Buying Other Equipment for Work Tick each of the above expenses you think might apply to you, or chose the top option "No". As you selected "PAYE Employment Income" - Job Related Expenses - Working from Home A - Yes - But it was my CHOICE or an employer OPTION for me to do so (may not qualify). B - Yes - Because my job REQUIRES me to live FAR AWAY from my employers office. C - Yes - Because my employer DOES NOT have an office. Please list the Professional or Trade Body Memberships Please list one per line which professional or trade bodies you pay to be a member of, and which the membership is relevant for your current job. LINK: HMRC "List 3" of Qualifying Professional Subscriptions: https://www.gov.uk/government/publications/professional-bodies-approved-for-tax-relief-list-3 (opens a new tab) MILEAGE ALLOWANCE - Vehicle(s) Used for Business Journeys Please provide the Registration Numbers of the vehicle or vehicles use during the tax year for business journeys (does not include ordinary commuting to your normal place of work). Seperate Reg Numbers with a comma. Did Your Employer reimburse or pay for any of the fuel used for business journeys Yes Fully Reimbursed at HMRC's rates (£0.45 p/mile 1st 10,000 miles then £0.25 per mile) Partially Reimbursed by my employer No Employer fuel contribution or reimbursement was received. NEXT - CLAIMS FOR RELIEFS NEXT- Claims for Reliefs RELIEFS & CLAIMS FOR THE TAX YEAR Please select ALL items of expenses relevant to the tax year. Pension Contributions Paid * Workplace Pension (e.g Nest, Peoples Pension) (20% relieved at source) Other Employer Pension Scheme (Fully tax relieved via PAYE) Additional Voluntary Pension Contributions OR, No Pension Contributions in the tax year Who is the Workplace pension Scheme with e.g. Nest, Peoples Pension Who is (or are) the Additional Voluntary contributions to e.g. Scottish Widows, Aviva, L&G Charitable Giving * Gift Aid Donations (requires a declaration to the charity you are a UK taxpayer at the time of gift) Other Charitable donations (unlikely to qualify for tax relief) OR, No Chartiable Donations (or non you wish to claim tax relief for) If you are a higher rate taxpayer including Gift Aid donations you have made in the tax year on your return helps to reduce your tax liability. Gov.uk Tax Investment Schemes * Enterprise Investment Scheme (EIS) Seed Enterprise Investment Scheme (SEIS) Social Investment Tax Relief (SITR) Other Gov.uk Tax Efficient Investment OR, No Tax Related Investments made in the tax year These are specify HMRC approved tax investment schemes NEXT - CHANGES IN THE TAX YEAR (if any) * NEXT - Let us know what has changed compared to previous years CHANGES DURING THE TAX YEAR These questions don't ask for figures or details. Only select any that apply to you. They help us ensure we are aware of anything that might have changed that can affect your tax returns. CHANGES during the Tax Year above compared to the previous Tax Year. * New Employment commenced Ceased a PAYE employment New Self-Employment started Ceased Self-Employment New Investments (e.g. shares, unit trusts, bonds) New Pension received New Pension Contributions commenced New ISA opened (tax exempt so does not need to go on your tax return) Sold Property, Shares, Currency (including Crypto Currency) (excluding holiday currency) or other capital gains tax assets Exercised or sold Employer share options or shares Changed any vehicles you own or lease (only ones used for employment or business purposes) Reached State Pension age in the tax year (State Pension) Your marital status changed in the tax year Birth of child or adopted a child in the tax year Received an Inheritance Changed Address (moved) Started Renting a Property Taken out a New Mortgage Paid off a mortgage Other items I am not sure about and need advice OR, NONE, there were none of the above changes in the tax year Select ALL or ANY that apply to you for the tax year concerned. Date Moved (changed address) * If you can't remember the exact date enter the last day of the month you moved New Address * Please enter full new address including postcode. MARITAL STATUS You have ticked to say your marital status has changed in the year New Marital Status * Got Married (or formal Civil Partnership)SeparatedDivorced (Decree Absolute) Date of Change of Marital Status * New Spouses (or Civil Partners) FIRST name * New Spouses (or Civil Partners) SURNAME name (might now be the same as yours) * Maiden Name of Spouse (i.e. birth surname) * Your Spouse or Partners Income Level (gross taxable income for the relevant tax year) * NoneUnder £12000Between £12,000 and £50,000Over £50,000Not sure (will need to be checked) This question is relevant to "Marriage Allowance Transfer" so we can establish if applicable for the tax year. Has Marriage Allowance Transfer Been Claimed? * NoYes Marriage Allowance been claimed (transferred TO me)Yes Marriage Allowance been claimed (transferred FORM me)Not Sure (will need to be checked) The Claim has to be made by the lower earner to transfer some of their personal allowance to their spouse (or formal civil partner). ONLY available in a tax year where the income if one spouse is below their personal allowance and the other spouse is not a higher rate taxpayer. Who was the higher earner (gross taxable income) during the tax year? * MeMy partner or spouse.Not Sure (needs checking) (If child benefit has been claimed and either of the parents has income exceeding £50,000 some or all of the Child Benefit claimed has to be repaid to HMRC via the Tax Return of the higher earner. This is referred to by HMRC and Gov.uk as the "High Income Child Benefit Charge". CHILDREN Children can affect multiple aspect of tax returns and tax affairs. Hence it is important that we know of changes. Date of Birth or Adoption (of the child) * Childs Full Name * Is Child Benefit being claimed by either parent * Yes - Claimed by Me Yes - Claimed by my partner No - neither parent is claiming child benefit Do your children live with you? * Yes - Full timeYes - Some of the timeNo - None of the time What is the total number of children you now have * 12345 or more STUDENT LOANS It is important that Student Loan repayments are included on tax returns and included in tax calculations. Do you have a Student Loan? * No Yes Type of Student Loans you have? * Plan 1 Plan 2 Post Graduate Not Sure NEXT - MORTGAGES OR RENT * NEXT - Confirm about any mortgage or rent upcoming reviews (if any) RENT OR MORTAGE REVIEWS The following questions are so we have an idea when tax returns or accounts might be needed in future. Do you have any mortgages? * Yes No Is your mortgage(s) dependent on your level of income? * Yes No What month is the next mortgage renewal likely to take place? JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember Approximately or best guess if necessary. Which year is the renewal or income check likely? 2024 2025 2026 or later Do you rent a property or planning to rent a property? * Yes No Is this a current rental or possible future rental? Currently rented property Possible future rental Could your level of income affect your ability to secure the rental property? * Yes No What month is the rental likely to take place? JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberOR, Don't know yet (try and give us pre-warning later) Approximately or best guess if necessary. Which year is the rental likely? 2024 2025 2026 or later NEXT - BANK ACCOUNT FOR TAX REFUNDS * NEXT - Confirm the bank account you would want any tax refund paid into by HMRC (if a refund is due) TAX REFUNDS HMRC will refund tax refunds direct into your bank account. Please provide the information below of the bank account you would want any tax refund (if any) paid into. (If in doubt please provide the bank details anyway to save time later) I would like any tax refund from HMRC paid direct into my bank Account * Yes, pleaseNo, thank you I prefer a cheque (can take a lot longer) Banks Name * e.g. Lloyds Bank plc Bank Sortcode * Format 11-11-11 Account Number * Usually 8 digits long Name the Account is in * e.g. A B Smith Joint or Sole Name * Sole Name Joint Account NEXT - COMPLIANCE AND ADMIN * NEXT - We need to ensure compliance and other important agreements are up to date. OTHER INFORMATION OR UPLOADS (optional) In this section you can upload documents to help us with your tax return preparation or alternatively you can share these with us via email to t4.office@t4tax.com or via WhatsApp. Please enter any other information, or comments, you think might be might be helpful or relevant here. Thank you. For example, if you were not sure of any of your answers you can add any further comment here to let us know. File Uploads (alternatively you can email documents to t4.office@t4tax.com) Drop a file here or click to upload Choose File Maximum file size: 8MB Types, jpg, jpeg, PNG or PDF only. Max file size per file 8MB, max number of files you can add is 10. FINALLY - FEEDBACK & SIGN * NEXT - Head to the finish, Feedback and Sign FEEDBACK & SIGN Client feedback, suggestions and comments help us ensure we are clear, informative, and practical in the way we help our clients. How easy did you find this form to deal with? 1 Star 2 Stars 3 Stars 4 Stars 5 Stars 1 star = very difficult to 5 stars = easy FEEDBACK, comments or suggestions (if any) We need your agreement to the following: * GDPR (Data and Privacy Regulations): I agree to submitting and maintaining this information with T4 Tax Limited via this website. We need your agreement to the following: * I understand that if my Tax Returns DO NOT include ALL relevant income, expense or relief claims HMRC could fine me for incorrect or incomplete tax returns. We need your agreement to the following: * T4 use MailChimp.com if we need to send emails globally to all clients, or groups of clients. I consent to this submission automatically adding or updating my email address in T4's MailChimp.com account. (We or you can remove it later if you cease to be a client, for example). Signature * signature keyboard Clear NOTE: Allow up to 30 seconds for the form to submit after clicking on submit. Your will get confirmation or by redirected to anything not completed. The document will be treated as dated the date you submit it. Click to Submit If you are human, leave this field blank. Thank YouOur checklists are useful tools for ensuring up to date accurate information
