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Frequently Asked Questions
Self Assessment is a system HM Revenue and Customs ( HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return. If you need to send one, you fill it in after the end of the tax year (5 April) it applies to.Do I need to register for self assessment?
You must register for Self Assessment if you have to send a tax return and did not send one last year. This guide is also available in Welsh (Cymraeg).How do I send a self assessment tax return?
You need to use commercial software or download other forms to send a Self Assessment tax return: for a partnership for a trust or estate if you lived abroad as a non-resident to report multiple ‘chargeable gains’, for example from life insurance if you get income from a trust, you’re a Lloyd’s underwriter or a religious ministerWhen is the self-assessment deadline?
The self-assessment deadline is fast approaching for people who file their own tax returns. People need to complete their returns and pay their bills by 31 January. Here is everything you need to know about self-assessment and how the deadline works. Who needs to fill in a self-assessment tax return?