We've got you covered
Key tax dates you need to know if you are self-employed
Staying on top of key dates will ensure you stay on track, meet deadlines and avoid paying penalties and interest. We list the key dates sole traders need to be aware of in this concise guide.Find out more
Tax for the self-employed
For self-employed individuals, the responsibility for reporting and paying the necessary tax relies solely on the individual. It is therefore important to understand what your obligations are and when...Find out more
Who needs to file a tax return?
Self-Assessment is the system that was created by HM Revenue & Customs (HMRC) to ensure the correct amount of tax is collected for a tax year. You should therefore check each year whether you need to...Find out more
A guide to the changes to penalties for late self-assessment tax retur...
The Government is reforming the system of penalties for late submission of tax returns and late payment of tax. This guide outlines the upcoming changes to penalties for Income Tax Self-Assessment (IT...Find out more
600,000 miss the self-assessment tax return deadline
This year saw a record 97% of taxpayers in the UK filing their 2021-22 self-assessment tax returns ahead of 31st January, but an estimated 600,000 still missed the deadline, earning instant £100 late...Find out more
HMRC seeks out online traders and freelancers over unpaid tax
HM Revenue and Customs (HMRC) is targeting online traders, content creators and social influencers about their tax obligations from digital earnings.Find out more
HMRC pilots text system trialled to cut waiting times
HM Revenue and Customs have started trialling a text service, which sees routine calls answered by text instead of a human to reduce waiting times.Find out more
Self-assessment taxpayers urged to remain vigilant ahead of 2021-22 ta...
The number of tax fraudsters operating in the UK rises on the eve of the self-assessment tax return deadline and this year is no different.Find out more
What are the penalties for filing a late tax return?
The deadline for filing your 2022/23 self-assessment tax return online is 31st January 2024. The paper tax return deadline was 31st October 2023.Find out more
5.7 million yet to file their self-assessment tax return as deadline l...
The 31st January 2023 deadline for 2021-22 self-assessment tax returns is fast approaching. HM Revenue and Customs (HMRC) states that almost 5.7 million individuals are yet to file their returns and c...Find out more
Almost 800,000 fraudulent tax-related emails and texts issued in 2021
HM Revenue and Customs has received reports of approximately 800,000 scam texts and emails so far this year, all purporting to relate to self-assessment tax returns and tax rebates.Find out more
Do you need to complete a self-assessment tax return?
Although not everybody needs to complete a self-assessment tax return, there are several situations where you could be required to complete one, even when you are an employee and have tax deducted fro...Find out more
How much National Insurance do I pay?
Individuals in the UK will make National Insurance Contributions (NICs) based employed income or self-employed profits. These NICs contribute to a state pot, which funds state benefits.Find out more
Airbnb host earnings now received by HMRC
HM Revenue and Customs (HMRC) now has access to the income of Airbnb hosts, highlighting the importance of landlords being transparent about their taxable lettings income.Find out more
The benefits of having your tax return filed early
Although the deadline is months away, did you know there many benefits to filing your return sooner rather than later?Find out more
Paper self-assessment tax returns will no longer be sent automatically
HMRC has stated from this April it will no longer send out paper returns to self-assessment taxpayers in a bid to encourage them to use the online service and reduce paper waste.Find out more
Over 100,000 tax returns filed by the TaxAssist Accountants network
Now the 31st January deadline for 2018-19 self-assessment tax return submissions has passed, TaxAssist Accountants can confirm it has filed more than 100,000 personal tax returns on behalf of its nati...Find out more
Nearly one million miss the self-assessment tax return deadline
This year saw 95% of taxpayers in the UK filing their 2018-19 self-assessment tax returns ahead of 31st January, but 958,296 missed the deadline, earning instant £100 late filing penalties.Find out more
Survey finds that doing your own tax return is a false economy
An independent survey of UK taxpayers revealed almost a third of those who file their own self-assessment tax return don’t fully understand what they can and can’t claim for.Find out more
What your accountant needs to file your tax return
The records you provide to your accountant ahead of the self-assessment tax return deadline may change each year. Our guide explains what they will need to file your tax return.Find out more
Act now so you don’t miss the Tax Return deadline
HM Revenue and Customs (HMRC) has reminded UK taxpayers eligible for 2019-20 self-assessment to complete their tax return before the 31st January 2020 deadline.Find out more
What you need to know when filing your tax return and paying your tax...
More than 12 million people are expected to file a self-assessment tax return for the current tax year.Find out more
The benefits of filing your tax return today
The deadline for tax returns is on January 31st. It's important to file yours early for various reasons.Find out more
What is a payment on account?
If you are self-employed or have income that is not taxed before you receive it, you may have a tax bill to pay, but are you aware how the tax stage payments can impact your cashflow?Find out more
What to do if you miss the tax return deadline
The deadline for filing your 2021/22 self-assessment tax return online was 31st January 2023. The deadline for paper tax returns was 31st October 2022.Find out more
Late tax returns and reasonable excuses
The deadline for filing 2022/23 self-assessment tax returns is 31st October 2023 for paper returns and 31st January 2024 for returns filed online.Find out more
Read our expert answers to your Self Assessment Tax Returns questions
Is my bank interest income taxable?
I have received a lot more interest from my bank this year because of the increase in savings interest rates. I am a higher rate taxpayer and earned almost £1,000 of interest across my accounts. Pleas...Find out more
Can I pay my underpaid income tax through my PAYE code?
I’ve just finished my self-assessment tax return and have a balance of tax to pay. I have employment income as well as other earnings that have resulted in the under payment of tax. In previous years...Find out more
What are income tax payments on account?
My tax return has been submitted and I’ve been advised that I need to make payments on account. What does this mean; and how do I work them out?Find out more
When is the tax return deadline for the 2022-23 tax year?
I have heard that the deadline for submitting my self-assessment tax return to HMRC is the end of October. What should I do if I have not sent my tax return information to my accountant yet?Find out more
Is the threshold for filing a self-assessment tax return changing?
I have heard that HMRC will be changing the threshold for taxpayers who pay tax through PAYE to complete a self-assessment tax return. Could you please confirm what the new threshold is and when it wi...Find out more
Why should I do my self-assessment tax return early?
Are there any benefits to doing my tax return early, other than being organised?Find out more
What interest will I be charged if I pay my tax late?
I don’t believe I will be able to pay my tax liability due on 31st January and wondered what interest HMRC will charge on the underpaid tax?Find out more
Do I have to complete a self-assessment tax return?
I have heard that I may need to complete a self-assessment tax return, but how do I know?Find out more
Why you should not delay filing your tax return
I thought that HMRC had 12 months from the tax return deadline to open an enquiry into my self-assessment tax return which is why I normally wait until then to submit the return. Is this a sensible ap...Find out more
I can’t file my self-assessment tax return by 31st January, will I get...
I have to file a 2020/21 Self Assessment Tax Return but am not going to be able to get it filed by 31st January 2022, will I get a penalty if I file it by the middle of February 2022?Find out more
Do I need to complete a self-assessment tax return if I have done a ca...
My real-time capital gains tax return for the sale of my residential property has been submitted but what happens next, do I still need to do a self-assessment tax return?Find out more
Self-Assessment Tax Return: Missed your second payment?
I don’t have enough money to pay my second payment on account in July, what should I do?Find out more
Receiving interest when lending your company money
I have lent my company some money, can the company pay me interest?Find out more
When to pay a second payment on account
My second payment on account is due by 31st July 2023, do I have to pay this?Find out more
Choosing to be a limited company or sole trader as a contractor
As a CIS contractor on top of the normal issues surrounding whether to be a limited company or a sole trader, are there any CIS specific issues to be aware of?Find out more
How do I get a tax refund if I am a subcontractor?
I’ve been working as a labourer for a couple of years now. One of my friends mentioned that he'd just got a big tax refund. How do I get a tax refund?Find out more
Why can I only claim Self-employment Income Support Scheme up to the e...
At the moment the Government scheme only covers the period until the end of MayFind out more
Self-Employment Income Support Scheme: what is meant by profits?
I think I may be eligible for the Self-Employment Income Support Scheme, as the guidance says my trading profits must be less than £50,000. What is meant by ‘profits’? Are these the sales that I make...Find out more
Tax Credits renewal for self-employed
Before I fill in my Tax Credits renewal form, do I have to complete my tax return first if I am a sole trader?Find out more
Consequences of paying tax late
I am newly self-employed and have been rather unorganised this year. I just managed to get my 2020/21 tax return filed online on 31st January 2022, but I didn’t have enough cash put aside for my tax b...Find out more
Can I amend my Income Tax Return?
I rushed the submission of my tax return in January, and realised that I missed off the interest I received from my bank accounts and dividends received from some investments during the 2018/19 tax ye...Find out more
Are you able to prevent receiving penalties for missing the tax return...
I missed the 31st January deadline for filing my self-assessment tax return – can I stop HM Revenue and Customs (HMRC) from issuing any penalties?Find out more
Does my P11D have to go on my tax return?
I am in employment but I also have some rental income so I need to complete a tax return. Does my P11D need to go on my tax return?Find out more
Are professional fees and subscriptions allowable for tax?
I am employed as a teacher and pay several professional fees and subscribe to a few journals such as Educate magazine. Am I entitled to tax relief on these payments?Find out more
How do I register to file a tax return?
I have just received my Unique Taxpayer Reference (UTR) as I need to file a tax return this year. What is the next step to filing my tax return?Find out more
Do I need to complete a self-assessment tax return?
I have heard that the deadline for completing a self-assessment tax return is 31st January, but I am not sure whether I need to complete one?Find out more
Cannot pay my tax bill
I filed my tax return on time, but I cannot afford to pay my tax bill. What should I do?Find out more
Can I pay my tax bill through my PAYE tax code?
I have just prepared my tax return online and have tax to pay for 2020-21, can I pay this through my tax code?Find out more
Why is my tax bill so high?
I have just completed my tax return online for the first time and it says I owe £8,000 in tax this January. I had already estimated it would be in that region, so that wasn’t a surprise. However, it a...Find out more
Can I correct my tax return?
I have noticed that I made a mistake on the tax return I submitted on 31st January – am I able to amend it?Find out more
What penalties can I expect for a late tax return?
I am yet to file my tax return. What penalties can I expect?Find out more
What should I do if I cannot pay my tax bill?
I filed my tax return ontime, but I could not afford to pay my tax bill. What should I do?Find out more