hazza101

My employer pays for medical insurance but this does not inpact my net pay as the employer pays for this. Do i need to include this on my self assessment? I do pay for other benefits in kind including critical illness and life assurance which does impact net pay, do i need to include these on my self assessment? Would these all need to be included under ‘Private medical and dental insurance’ if they do need to be included?

I am completing a self assessment for a BTL property. As me and my wife jointly own this equally does income, expenses and cost all need to be halved when completing each self assessment? Can you also confirm that they are added to the correct section? Rent, rates, insurance, ground rents etc Amount entered on each self assessment: £498 (total cost for me and wife is £996). This is total for grount rent and service charge costs Residential property finance costs: (optional) Amount entered on each self assessment: £2919 (total cost for me and wife is £5,837) this is the interest only cost for the tax year

If mine and my wifes gross income on UK rent is £3600 combined our split will be £1800 each. After the property income allowance this brings each of our income to £800 for the 22-23 tax year. Are we required to complete a self assessment tax return? If not what would be required? Also are you required to include interest earned on cash in a bank if under the £500 or £1000 savings interest allowance with the self assessment?