When applying for a mortgage, especially as a self-employed individual or landlord, one document that often causes confusion is the Tax Year Overview (TYO). Many clients aren’t aware of what this document is, how it differs from the tax calculation, or how to download it correctly from the HMRC website.
Let’s clear up the confusion and walk you through what a Tax Year Overview is, when it’s required, and how to avoid common mistakes when submitting it.
