All personal taxpayers in receipt of any income (falling outside the Final Settlement System FSS) during the calendar year 2015 will need to submit their tax returns and pay the underlying tax due by not later than 30 June 2016.
The same deadline also applies to taking advantage of the 15% tax on any income from a part time (self employed) basis as well as any rental income arising from residential dwellings (if this is advantageous to you).
For avoidance of doubt the deadline applies to:
- Personal tax returns (covering income earned during 2015);
- TA 22 statutory form covering self employed income on a part time basis (applicants must be in full time employment;
- TA 24 covering rental income earned during 2015 (limited to residential tenemants);
We can help you determine which is the most tax efficient option to go for as well as complete and file all the necessary tax submissions.
Do not hesitate to contact us if you would like us to help.