When do i submit my tax return
The 31 January during the tax year would be 31 January , the 5 October following the end of the tax year would be 5 October and the 31 January following the end of the tax year would be 31 January Not all of the dates listed below may apply to you even if you are self-employed.
You can follow the links that give you more information to help you decide if you need to take some action by that date. Find out more about payments on account on our How do I pay tax on self-employed income? Not everyone has to pay these payments on account. The tax year ends on 5 April and shortly after this date anyone who is required to file a tax return will receive a notice advising that you must file a tax return for the tax year just ended.
If you have stopped trading during the tax year, you will still need to complete a tax return for your last year of business. This is so that HMRC can send you a notice a file a tax return. Find out more on our How do I register for tax and National Insurance? If you send the form after this date there will be a penalty even if you have no tax to pay.
See our penalties section for further information. Find out more about tax returns for the self-employed and the options for paper or online returns in the section on How to complete your Self Assessment tax return? If you file your tax return online, you will need to submit it by this date if you have employment or pension income and want HMRC to collect the self-employed tax through your PAYE tax code.
See How do I pay tax on self-employed income? All tax returns filed online must be submitted by this date. If you miss this deadline a penalty will be charged even if you have no tax to pay or have already paid all of the tax you owe. See our penalties section for more information.
Also, your balancing payment of tax is due at this time. See our How do I pay tax on self-employed income? You may also have a payment on account to make at this time. If you become aware that an entry on your paper or online tax return is incorrect you can amend that return up to 12 months after 31 January following the end of the tax year. This applies whether you filed manually using a paper return or completed it online. Skip to main content. When do I make Self Assessment payments and file my tax return?
Updated on 28 July What is Self Assessment? April following the end of the tax year The tax year ends on 5 April and shortly after this date anyone who is required to file a tax return will receive a notice advising that you must file a tax return for the tax year just ended.
If you are self-employed, you need to register with HMRC for tax purposes by this date. What income is taxable? What tax allowances am I entitled to? What tax rates apply to me? How is my tax collected? What if I cannot pay my tax bill? If you have a good reason for missing the deadline, such as an emergency trip to hospital or a bereavement, then you should tell HMRC. People who have a genuine excuse may win their appeal without the need for a hearing, as HM Revenue and Customs may agree with you if you show a determination to go to the Tax Tribunal.
If extraordinary circumstances prevent you meeting deadlines, keep any evidence you can and make sure HMRC know as soon as possible. You may normally only submit three years worth of late tax returns. In some cases, HMRC may process older returns. Special Relief may be difficult to obtain unless there are exceptional reasons why you have missed the tax return deadlines and you have good evidence of your income. If you think you may need to apply for Special Relief, you should contact TaxAid.
The is more information about Special Relief on the TaxAid website in the tax debt guide — see the end of the page on bankruptcy. The only exception is if you can persuade HMRC to withdraw the tax return see above. Once a determination has been made HM Revenue and Customs is entitled to the tax due as set out on that determination and can collect it through the courts — even to bankruptcy.
The only way to cancel the debt is to send in a tax return to establish the correct amount of tax due. If you are worried about what will happen because you are having difficulty paying your tax, please see our Problems Paying your Tax guide.
If you need help completing your tax return and your income is too high to qualify for help from TaxAid, please see choosing an accountant or tax adviser.
There are many tax claims and elections — and all have time limits. In general, the default time limit for such claims is four years from the end of the tax year; but some claims and elections, in particular, some loss relief claims, are on a shorter time scale. You can change your cookie settings at any time. 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. This guide is also available in Welsh Cymraeg. File your tax return online or send a paper form. You need to keep records for example bank statements or receipts so you can fill in your tax return correctly. HMRC will calculate what you owe based on what you report. Check what you need to do.
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