Hi, I'm a teacher so pay tax through PAYE each month. Minimal bank interest has tax deducted each month. I have no other income besides dividends from husband's company which still keeps me below the threshold as a lower rate tax payer.
My accountant said I need to fill in a tax return for this. However, on HMRC it seems to say that I would only have to if the dividends made me a higher rate tax payer?
I will phone HMRC on Monday. Does anyone have any advice please?
Thanks in advance!
My accountant said I need to fill in a tax return for this. However, on HMRC it seems to say that I would only have to if the dividends made me a higher rate tax payer?
I will phone HMRC on Monday. Does anyone have any advice please?
Thanks in advance!
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