What is a Self Assessment?
The purpose of Self Assessment is to declare your income to HMRC for a tax year to ensure the right amount of tax is paid. If income has been received but not taxed at source, for example tax due on dividends, rental income etc., HMRC will collect the tax due via Self Assessment. It is therefore important to be aware of Self Assessment so that money can be put to one side ready to pay HMRC.
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How do I register for Self Assessment?
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When do I pay my Self Assessment tax bill?
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