Personal Asset & Liability list needed?
By Evan Robinson · Updated
Why must I submit a Personal Asset & Liability List for my Tax consultant this year?
Are you a director of a company or CC or earn income from running a business?
Good morning.
No, I am an ordinary worker that also receives a small pension from my late husbands policies.
No, I am an ordinary worker that also receives a small pension from my late husbands policies.
You do not need to put in these values then. Ask the consultant why he is asking you for these?
The consultants says - They need updated info every year so that they can assess risk.
If you have a simple IRP5 and are not earning income from anywhere else other than the policies then you do not need this information for your tax return.
Much appreciated.
Only a pleasure!