Tax Returns for High Earners

Tax Returns for High Earners

High EarnersIf you’ve earned more than £100,000 in the last tax year then you’ll need to prepare and submit a self assessment tax return.High earners must include income from all sources, such as employment income, employment benefits, dividends from share and interest on savings.

Tax Strategies for High Income Earners

High earners can make use of several strategies that reduce tax liability. At Simpltax, as part of our tax planning we’ll make sure to include any private pension contributions you’ve made. We’ll include any charitable donations with gift aid and also any employment expenses.

All of these, and quite a few others, can significantly reduce your tax liability.

Speak to a tax expert

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Really easy service. Used them for a self assessment tax return, took 20 mins on a phone call with them and then had the documents ready to review the next day. Would definitely recommend.
I have just started my placement year 2 weeks ago here at Simpltax, and I already feel very comfortable with the team. Everyone has been very helpful and supportive, and have engaged me into different tasks every day. Although there is a pandemic going on, the management seems very thoughtful with providing everyone with the equipment we need to work efficiently from the office or home. Overall, my experience has been great so far.
I have been working at SimplTax for over 2 years now. Since the beginning, all of my colleagues have been amazingly supportive. It is great working for a growing company, with a knowledgeable team on a daily basis. I am massively looking forward to my future here at SimplTax!