In 2023 and 2024, the government implemented significant changes, resulting in more individuals being required to complete Self-Assessment Tax Returns than ever before.

Even if you are employed or receiving a pension with tax deducted at source, you may still need to complete a tax return.

Exemptions previously in place for dividends or capital gains have been significantly reduced, potentially leaving you with unexpected tax liabilities.

If your income exceeds £100,000, your personal allowance gets reduced, meaning you might not have paid enough tax at source.

If you or your partner earn more than £50,000 (or £60,000 from April 2024), you may need to declare a higher income child benefit charge if you claim the benefit for any children living in your household.

If you have received savings income that is not taxed and this exceeds the tax-free allowances in force, you may be subject to additional tax obligations.