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- Guidance on completion of UK tax Returns
- Tax implications for filing taxes in India with double taxation review
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UK Tax Filing Requirements for 2025
What is a UK Tax Return?
A tax return in the United Kingdom (UK) is a document filed with HM Revenue and Customs (HMRC) declaring liability for taxation. Different entities file various forms of tax returns, including:
SA100: Individuals
SA200: Short tax return for income below £30,000
SA800: Partnerships
CT600: Companies paying corporation tax
VAT100: Value added tax
Who Should File a UK Tax Return?
Most employees paying tax under the PAYE (Pay As You Earn) system are not required to file a tax return, as the employer withholds the correct amount of tax from wages or salaries. The employer reports income, income tax deducted, and national insurance contributions (NIC) to HMRC via the Real Time Information (RTI) system.
However, some taxpayers, including employees, may have untaxed income that needs to be declared to HMRC by submitting a self-assessment tax return. Taxpayers are legally obliged to submit a tax return when HMRC requests one or when they have a liability to tax.
Reasons for Filing a Tax Return:
Self-employed individuals, including those in partnerships
Income from savings and investments of £10,000 or more
Untaxed savings and investments of £2,500 or more
Income from property of £10,000 or more before deducting allowable expenses, or £2,500 or more after deductions
Employment income above £100,000 under PAYE
Anyone living or working abroad or not domiciled in the UK
Capital Gains Tax liability
Tax owed that cannot be collected through the tax code
How to Review Tax Information
Anyone can log into their personal account on the HMRC system and review their Annual Tax Summary.
Current Tax Rates for 2024-2025
The current tax year is from 6 April 2024 to 5 April 2025. The standard Personal Allowance is £12,570.
| Band | Taxable Income | Tax Rate |
|---|---|---|
| Personal Allowance | Up to £12,570 | 0% |
| Basic Rate | £12,571 to £50,270 | 20% |
| Higher Rate | £50,271 to £125,140 | 40% |
| Additional Rate | Over £125,140 | 45% |
You do not get a Personal Allowance on taxable income over £125,140.
Pension Taxation
You usually pay tax if savings in your pension pots exceed:
100% of your earnings in a year
£40,000 a year
£1,073,100 in your lifetime
Other Jurisdictions for Collecting Tax
Scottish Income Tax: Paid to the Scottish Government if you live in Scotland.
Welsh Income Tax Rates: Set by the Welsh Government if you live in Wales.
Knowledge Topics on UK Taxation
List of Topics in Blog
