Self Assessment Tax Return Checklist 2012-13

hrbs.biz tax return checklist for 2009 10 Self Assessment Tax Return Checklist 2012 13 To help you collate the information you need to prepare your self assessment tax return for 2012/13 we have prepared a useful checklist which you can download here.

In our experience, the list of income, deductions and capital transactions covers the majority of our clients but if you have other income, tax deductions or gains/losses not listed, you may need to include those on your tax return.

HM Revenue & Customs must receive your tax return by 31 January 2014 to avoid a penalty.

At HRBS we submit all tax returns and tax computations online. However, if you wish to prepare a paper return, the deadline is midnight on 31 October.

The earlier you prepare your accounts and tax return the better. You can claim any refunds promptly to help your cashflow and where tax is due; you will have plenty of time to plan your tax payments.

Read our guide on how your tax and NIC payments are calculated which explains the self assessment payment on account system.

Do not leave it to the last minute. All of the information you need for your tax return should be available by 31 July.

Your 2012/13 tax return is for the tax year 6 April 2012 to 5 April 2013. P60s and bank interest certificates are usually available in April/May and P11Ds provided by employers in June/July. You do not need to include your ISA interest.

If you are self employed, your accounting records should be up to date as soon as possible after your year end. This will help you keep up to date with your business’ profitability and help with tax planning.

At HRBS we make it easy for you with free shared, secure, online storage.

We provide our clients with free, secure, online storage at dropbox.com which is shared only with us. You save copies of your documents to the shared personal-tax\2012-13 folder as you receive them.

When you have added all the necessary information, just send us an email saying that the personal-tax\2012-13 folder is complete and we will prepare your tax return and tax computation for your approval and authorisation to submit online to HM Revenue & Customs.