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Where Taxpayers and Advisers Meet

Disclosure ?

calimero
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.

bd6759
Posts:4262
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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