Tag: self-assessment return

What are the tax return penalties?

If you are self-employed, a director or partner in a business, or you are the trustee of an estate, you will need to complete a self-assessment tax return and ensure that you pay it on time. Your tax return should be completed by the 31st January 2022. You may also need to complete a tax…

Do I have to file a self-assessment tax return?

Do I have to file a self-assessment tax return? | 3 minute read¬† Whether you are self-employed as a sole trader and earned more than ¬£1000 or you are a partner in a business, you must file a tax return to HMRC. A self-assessment form is a different type of tax, which is designed to…