Filling our 1st Tax return

M

movedhouse08

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Filling out my 1st tax return

Hi, I moved house during the year and obviously forgot to tell the revenue. They sent a tax return form to my old address to complete which I only collected from my old house last week. I used to do contracting (and got a girl to do my tax returns) so thats probably why I was selected.
I am now a PAYE worker, no additional rental income or anything like that. I have all my records for a few share dividends, P60, medical expenses etc, so is the form as simple as it seems? I was just going to fill in all the details online....do the revenue then work out if I owe them or if they owe me?? Is an accountant needed? thanks
 
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If you were only PAYE in 2007, then the form should be straightforward to complete.

If you complete it online, it should show you a calculation.
 
The first thing you need to think about is your Principle Private Residence - You need to inform Revenue that you have a new PPR.

Personally I would go down the lines of de-registering for income tax purposes. It'll prove easier in the long run as you won't have any prelim tax or anything like that.

Once you've de-registered for income tax you can then send in a form 12, details your dividends, medical expenses etc....
 
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