Things you may interest
Why do I need Self Assessment ?
HMRC normally issues SA to complete in certain cases. But in common you need to do SA as follow:
- If you are a sole trader or if you have any income other than employment income
- If you are a company director
- If your income is over £100,000 (generally)
- If you have any underpaid taxes in previous year and HMRC could not find your current income sources to adjust