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Where Taxpayers and Advisers Meet

Disclosure ?

Posts: 3
Joined: Mon Feb 07, 2011 9:54 pm

Disclosure ?

Postby calimero » Sun Feb 24, 2019 7:24 pm

Hi after many years of paye employment I have dropped out of employment for the last 3 years or so my total income for this tax year is £5600 from share dividends and £6000 from rental income, ie £11600 my question is should i be filling out a tax return or some such ? or am I one of the people who is completely removed from the tax system i have no other income at all though i do have savings, I am confused should i be making a disclosure.

Posts: 3094
Joined: Sat Feb 01, 2014 3:26 pm

Re: Disclosure ?

Postby bd6759 » Sun Feb 24, 2019 11:18 pm

You don't need to tell HMRC that you are not liable to tax, but you do if you are.

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