Deadline to register for Self-Assessment approaching

Anybody who needs to submit a Self-Assessment tax return for the year-ended 5 April 2018 and have never submitted a tax return before needs to register for Self-Assessment by 5 October 2018 so that a tax return can be completed by the 31 January 2019 deadline.

Individuals need to complete a tax return for 2018 if they:

  • earned more than £2,500 from renting out property
  • or their partner received Child Benefit and either of them had an annual income of more than £50,000
  • received more than £2,500 in other untaxed income, for example from tips or commission
  • are self-employed sole traders
  • are limited company directors
  • are shareholders
  • are employees claiming expenses in excess of £2,500
  • have an annual income over £100,000

If any of the above applies for the period from 6 April 2017 to 5 April 2018, then a tax return should be submitted. 

If you require any assistance, please do not hesitate to contact us on 0161 952 4244.