CANALITIX ACCOUNTANTS act as agents for both employed and self-employed individuals to complete and file their Individual Self Assessment (SA)Tax Returns with HMRC.

HMRC introduced the SA tax return as a way of collecting income tax from the self-employed, partnerships and other individuals who derive income from dividends, bank interests, trusts, property, and gains from capital assets, such as shares and property.

Employed individuals who only has PAYE income are not usually required to file a SA tax return because income tax is deducted and paid to HMRC by their employers.

Registering for Self-Assessment

Depending on whether you are self-employed, not self-employed or a partnership, you are required to follow the HMRC online guidance to register for SA and to obtain a Unique Taxpayer Reference

SA Tax Return Filing Deadline

The SA tax return filing deadline is 9 months after every tax year ending 5 th April or by the 31 st January following the end of the tax year.