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    Tax Assessments

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    bhanotbhanot4
    The document provides guidance on accessing HMRC tax assessments and tax overview forms, which are required for self-employed mortgage applicants. There are three ways to access the documents: through the HMRC online account, commercial tax software, or by post. The online account allows printing assessments and overviews from previous years. Commercial software only provides assessments, while overviews must be requested from HMRC. Examples of the forms are also shown, with notes on important details to review.

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    Tax Assessments

    Uploaded by

    bhanotbhanot4
    16 views4 pages
    The document provides guidance on accessing HMRC tax assessments and tax overview forms, which are required for self-employed mortgage applicants. There are three ways to access the documents: through the HMRC online account, commercial tax software, or by post. The online account allows printing assessments and overviews from previous years. Commercial software only provides assessments, while overviews must be requested from HMRC. Examples of the forms are also shown, with notes on important details to review.

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    Tax Assessments (1)

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    The document provides guidance on accessing HMRC tax assessments and tax overview forms, which are required for self-employed mortgage applicants. There are three ways to access the documents: through the HMRC online account, commercial tax software, or by post. The online account allows printing assessments and overviews from previous years. Commercial software only provides assessments, while overviews must be requested from HMRC. Examples of the forms are also shown, with notes on important details to review.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    16 views4 pages

    Tax Assessments

    Uploaded by

    bhanotbhanot4
    The document provides guidance on accessing HMRC tax assessments and tax overview forms, which are required for self-employed mortgage applicants. There are three ways to access the documents: through the HMRC online account, commercial tax software, or by post. The online account allows printing assessments and overviews from previous years. Commercial software only provides assessments, while overviews must be requested from HMRC. Examples of the forms are also shown, with notes on important details to review.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    A guide to HMRC Tax Assessments and Tax Overviews

    If applicants are self employed, we require the last two years HMRC tax assessments
    (SA302) and corresponding tax overview forms.

    Three ways to access HMRC documents:

    HMRC self assessment online

    1 Applicants who usually send off their tax return through a HMRC self-
    assessment online account, can print both of the required documents from
    their online account too.

    How to access the tax assessments

    Log into the HMRC online account via online.hmrc.gov.uk

    Select ‘Self Assessment’ (NB. If your clients are only registered for Self Assessment
    they
    will be automatically directed to this screen)

    Follow the link ‘View your Tax Return’

    Follow the link ‘Tax Return options’

    Select the desired year from the drop down menu and click the ‘Go’
    button

    Select the ‘View return’ button

    Follow the link ‘View calculation’

    Follow the link ‘View and print your calculation’

    Follow the link at the bottom of the page to ‘Print your full calculation’
    How to access the tax overview forms

    Log into the HMRC online account via online.hmrc.gov.uk

    Select ‘Self Assessment’ (NB. If your clients are only registered for Self Assessment
    they
    will be automatically directed to this screen)

    Follow the link ‘Self Assessment Overview’

    Follow the link ‘View account’

    Follow the link ‘Tax years’

    Select the desired year from the drop down menu and click the ‘Go’
    button

    Follow the link ‘Print your Tax Year Overview’

    Repeat steps 5 to 7 if you require Tax Year Overviews for any previous years

    Commercial Software

    Some applicants use commercial software to send their tax returns, this
    2
    software should allow the applicant to print their tax assessments (SA302).
    The tax overviews however will have to be accessed through their self-
    assessment account

    Post and Phone

    Applicants who send their paper tax return to HMRC will receive a copy of
    3 their tax assessments (SA302) by post.

    A copy of their tax year overview can then be requested by calling HMRC on
    0300 200 3310 using their Unique Taxpayer Reference (UTR) and NI.
    Example of Tax Assessment (SA302) Form

    2 3

    5
    Example of Tax Overview Form

    Points to remember:

    The HMRC logo is usually presented in the The Society will be interested in the total
    1 4
    top left of the Tax assessment (SA302) and income received for that financial year.
    overview forms.
    5 The Society will also be looking for the
    The two forms should show the applicants Income Tax and National Insurance due.
    2
    name and their Unique Taxpayer The figure shown on the tax assessment
    reference corresponding with one (SA302) should always correspond to the
    another. figure shown on the overview.

    The progress bar on the tax assessment


    3
    should be shown as 100% complete. If the
    tax return is 100% complete then it’s been
    submitted and copy is held on the self-
    assessment account with HMRC.

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