A number of different people have to register for Self-Assessment and thus complete a Self-Assessment Tax return, including:
Self-employed sole traders earning more than £1,000
Partners of both general and limited liability partnerships
Individuals who receive rental income
Individuals earning more than £100,000 in a tax year
The deadline for registering for self-assessment is the 5th October after the end of the relevant tax year. So, if you met the registration criteria during the tax year 2021/22 (6th April 2021 – 5th April 2022) you had until the 5th October 2022 to register with HMRC. If you still haven’t registered, you should do so as soon as possible to prevent penalties potentially being applied for late registration.
Your 2021/22 self-assessment tax return will then be due by the 31st October 2022 if being submitted on paper or alternatively by the 31st January 2023 if being submitted online. Any tax or national insurance due will be payable by the 31st January 2023.
If you are unsure whether or not you need to register for self-assessment or need help completing your tax return then we can help.
Please contact us via email email@example.com or call us on 01324 441250.