Just to do the self assessment? Not if your income is PAYE and you've not got any more exotic forms of income. Fill out the boxes, hit send. It's straightforward and doesn't take long.
Yeah, that's what I do... And each time I get planted with a whopping tax bill. I pay each month to the agreed code from my payslip.
I just feel like I am missing a trick
I feel like there's something you haven't mentioned. Income from investments?
To be fair, the tax on [at least] £125,140 will be a reasonably whopping number.
@user16171 started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
Just to do the self assessment? Not if your income is PAYE and you've not got any more exotic forms of income. Fill out the boxes, hit send. It's straightforward and doesn't take long.