You may need to file a Self Assessment tax return if you:

  • Are self-employed as a sole trader and earned more than £1,000 before expenses.

  • Are a partner in a business partnership.

  • Have income from property rental.

  • Receive untaxed income, such as tips or commission, of £2,500 or more.

  • Have savings or investment income of £10,000 or more before tax.

  • Need to pay Capital Gains Tax on profits from selling assets.