21 September 2023
The deadline for self-assessment (SA) registration is fast approaching and HM Revenue and Customs (HMRC) is reminding those who are new to SA for the 2022 to 2023 tax year as they have less than two weeks left to act.
A press release from HMRC details all a taxpayer needs to know if they are new to self assessment, including HMRC’s Checking tool and step by step guides. These resources are good to keep on hand for employees or clients who may need further guidance and assistance with navigating SA, especially if they are unaware of, or new to, the process.
While not as urgent, individuals should be aware that if they no longer need to submit a tax return they should let HMRC know by 31 January 2024.
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