hazza101
Joined: 8/16/2023
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Gross income under £2500
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?