A Complete Guide to Personal Tax Returns: Everything You Need to Know
Published: 2/12/2025
Filing personal tax returns can be a complex process, but it’s essential for staying compliant with tax regulations and ensuring your finances are in order. Whether you’re wondering about filing deadlines, how long to keep records, or how to file an extension, this guide covers everything you need to know about personal tax returns in the UK.
What Are Personal Tax Returns?
Personal tax returns are financial documents filed annually with tax authorities to report your income, deductions, credits, and tax liability. In the UK, these are submitted to HMRC through a Self-Assessment Tax Return.
When Are Personal Tax Returns Due in the UK?
The due dates for personal tax returns depend on how you file:
- Paper Filing Deadline: October 31, 2024
- Online Filing Deadline: January 31, 2025
If you file with an extension, the deadline may be pushed to April 30, 2025.
Can Personal Tax Returns Be Extended?
If you’re unable to file your personal tax return by the deadline, you may request an extension from HMRC. Filing for an extension must be done before the original due date, and extensions generally provide an additional three months to file.
How to Get Personal Tax Returns or Find Previous Records
To access past personal tax returns, log into your HMRC Online Account. You can download and print previous years’ returns directly from the portal. Alternatively, request copies through your tax advisor.
- Tip: Always keep copies of your tax returns for at least 6 years, as HMRC may audit past filings.
What is the Difference Between Personal Tax Returns and W-2 Forms?
While W-2 forms are primarily used in the US to report employment income, personal tax returns in the UK reflect a complete financial summary, including employment, self-employment, rental income, and capital gains.
Do Personal Tax Returns Include Property Taxes?
In the UK, property tax is typically handled through council tax bills rather than personal tax returns. However, any rental income or capital gains from property sales Personal Tax Return Services in Glasgow
If you’re based in Glasgow and need help filing your personal tax returns, our team at Countify provides tailored services, including:
- Filing assistance and error-free submissions
- Tax planning and advisory
- Extension filings
Income and deduction reviews should be reported.
Frequently Asked Questions
Q: How long should I keep personal tax return records?
A: In the UK, you should keep tax returns and records for 6 years to comply with HMRC regulations.
Q: Are personal tax returns public records?
A: No, personal tax returns are private and confidential. Only you and HMRC have access to your records.
Q: What is the easiest way to file personal tax returns?
A: Filing through HMRC’s online portal is the most efficient and secure way.
Q: Can I get a personal loan without showing my tax returns?
A: While some lenders may approve loans without tax returns, most financial institutions require income verification.
Why Choose Countify for Your Personal Tax Return Needs?
At Countify, we offer professional and affordable personal tax return services. Our team of experts ensures timely filings, tax-saving strategies, and full compliance with HMRC regulations.
Ready to simplify your tax return process? Contact us today!