What is the SA105 form?

Unfortunately the SA105 is not the new 'affordable' cybertruck from Tesla for the UK market.

Sadly it's a form. Just a boring old form. One of many boring old HMRC forms.

If you earn an income from renting a property in the UK, then you will need to complete the SA105 form and submit it alongside your SA100 (your self employed tax return form). 

TAXO'D TOP TIP - Another benefit of filing your SA100 form online is you will not need to fill out the SA105 form. The SA105 is only applicable to those filing to HMRC, in paper format via the post.

Use the SA105 for:

• income from renting UK properties (Short/Long term and Airbnb)
• income from letting furnished holiday accommodation in the UK or EEA

But not for:

• income from other foreign properties
• income from REITs or peer-to-peer property loans
• capital gains from selling property

To find out more about the SA105 form (and indeed to download the SA105 form) you can visit the HMRC. 

Depending on your tax situation, often you’ll also need to submit additional forms:

• SA101 – usually for tax reliefs (SEIS, EIS, VCT, etc.)
• SA102 – for employment
• SA103 – for self-employment
• SA106 – for foreign income
• SA108 – for capital gains
• and others 

If you need to fill out any of these additional forms just attach them to your SA100 form.

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Disclaimer: This is simply a guide and should not be treated as tax advice. Contact HMRC directly if you need tax advice.