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  • RE: Self Assessment earnings over £100,000

    Despite the criteria threshold changing, I completed a self-assessment for 2023-24 anyway to be on the safe side. I did not earn over £150k and yet the calculation shows that I now owe over £1000 income tax as the £1 personal allowance reduction for every £2 over £100k still applies. Why are you telling people not to self-assess until £150k? Surely we will all be under-paying and eventually have a large tax bill?
  • RE: Self Assessment earnings over £100,000

    I have earned over £100k the last tax year. It was only through a colleague that I learnt of the need to self assess and find this thread. Having followed the advice to check the criteria using https://www.gov.uk/check-if-you-need-tax-return… it tells me I do not need to self-assess (specifying only earnings over £150k do). Only through reading the comments here did I register anyway and check the box for over £100k. Can I suggest the criteria check page is updated to include £100k earners please?