Tax season is the period when individuals and businesses gather records, file tax returns, and pay any tax still owed for the previous year. Deadlines and forms depend on your country, missing them can mean penalties and interest.

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What to prepare\n

Collect payslips showing PAYE deductions, interest statements from Savings Accounts, investment and crypto summaries, and receipts for deductions you plan to claim. Self-employed filers need profit-and-loss detail from business accounts.

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Who must file\n

Even if tax was withheld at source, you may need Self Assessment when you have freelance income, rental property, or significant gains. In Ireland, check the Revenue Commissioners; in the UK, HM Revenue and Customs sets deadlines.

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Make tax season easier\n

Label transactions and export statements from bunq throughout the year instead of scrambling in April. Use Budgeting to set aside money if you expect a bill. bunq does not file on your behalf, use official channels or a qualified advisor.