Here’s everything you need to know about registering for Self Assessment Tax
Let’s face it - nobody starts a business because they want to learn how to complete a tax return.
BUT if you’re in Business it’s something you need to be aware of - even if you use an Accountant to help
Here’s some FAQs on Self Assessment Registration:
Do I need to register for Self Assessment?
You might need to register if you’re self-employed, earned untaxed income (like rental income or foreign income) received certain benefits exceeding specific thresholds, or if HMRC requests it.
When do I need to register?
Register by October 5th if you need to file a return for the first time.
What do I need to register?
You’ll need your National Insurance number and contact details.
How do I register?
You can register online through the Government Gateway: gov.uk/register-for-self-assessment.
What happens after I register?
You’ll receive a Unique Taxpayer Reference (UTR) usually within 10 days.
I filed a Self Assessment return last year, do I need to register again?
No, you don’t need to register again. You can simply reactivate your existing account to file again.
I’m waiting for my UTR, what do I do?
You can check the estimated arrival date on the HMRC website: gov.uk/register-for-self-assessment.
I can’t register online, what should I do?
Contact HMRC through their online services helpdesk: gov.uk/government/organisations/hm-revenue-customs/contact/online-services-helpdesk.
You can also call them on 0300 200 3300.
I need help completing the registration process, what are my options?
HMRC offers help and guidance on their website: gov.uk/register-for-self-assessment.
You can also contact their Self Assessment helpline: 0300 200 3300.
Where can I find more information about Self Assessment?
HMRC’s Self Assessment website: gov.uk/self-assessment-tax-returns.
Remember: This FAQ is for informational purposes only and does not constitute professional advice. Please consult with a tax advisor or accountant for specific guidance.