Self Assessment

All things related to self assessment

Do I need to do a Self Assessment tax return for 2024/25?

If you are asking yourself “do I need to do a Self Assessment tax return?”, you are in very good company. Every year, millions of people in the UK feel confused, stressed, or slightly panicked when Self Assessment season rolls around.

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Self Assessment

Self Assessment penalties: how much you’ll pay if your tax return is late in 2025/26

If you are getting close to the 31 January deadline and have not filed your tax return yet, that sinking feeling is completely normal. Every year, thousands of people in the UK find themselves asking what happens if they miss the deadline and how bad the penalties really are.

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Self Assessment

7 reasons you should file your Self Assessment early

If you are a sole trader, landlord, contractor, company director, or PAYE employee with a bit of side income, there is a good chance you recognise this pattern. You tell yourself you will deal with Self Assessment “later”. Summer turns into autumn, autumn turns into December, and before you know it, January arrives with a familiar sense of dread.

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Self Assessment

Making Tax Digital 2026: what sole traders and landlords need to do starting April next year

If you are a sole trader or landlord who already files a Self Assessment tax return, chances are you have heard a lot of noise about Making Tax Digital and are wondering what it actually means for you. Is Self Assessment ending? Will you really have to file something every three months? And do you need to start doing anything now?

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