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There are several other groups of people who need to file a self-assessment tax return. The HMRC says you may need to file one if you: Are self-employed and have earned gross income over £1,000.
Legally, a tax payer is obliged to submit a tax return when HMRC request one by sending a notice to file a tax return, either because the tax payer has registered for self assessment voluntarily or because HMRC believe one to be required - HMRC can request a tax return from anyone for any reason. [1] [2]
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Taxpayers seeking help with self-assessment will need to use online services from 8 April to 30 September.
The Government Gateway is an IT system developed to allow applicants to register for online services provided by the UK Government, such as obtaining a driving licence and HMRC self-assessment. [1] This replaced the old system of paper submissions.
HM Revenue and Customs (HMRC) states that the main goal of MTD is to make tax administration more effective, more efficient and simpler for taxpayers. [2] The changes are expected apply to a wide range of taxpayers, including most businesses, micro-businesses, self-employed people and landlords, as well as individual taxpayers.
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The end of January is upon us and with it comes a deadline many must take action before: filing a self-assessment tax return.. It’s not always a job looked forward to, but it is an important one ...