Self assessment how many years

YouTube may set cookies directly according to YouTube's own cookies policy. This section explains the basic principles of the self-assessment system as it applies to Income Tax IT. Under self-assessment there is a common date for the payment of tax and filing of tax returns. You must file your tax return on or before 31 October in the year after the year to which the return relates.

This system, which is known as Pay and File , requires you to:. You must self-assess when filing your annual tax return. An exception is made where you file a paper return on or before 31 August in the year after the year to which the return relates. For more information on filling out the Form 11, please see Filing your tax return. There is more information on Mandatory electronic payment of taxes and filing of tax returns in the Starting a Business section. Next: Who should register for Income Tax self-assessment?

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Pensions and self-employment How do I repay my student loan if I am self-employed? Hide this message. Home Money and tax Income Tax. Self Assessment tax returns. The last tax year started on 6 April and ended on 5 April HMRC might also email or write to you giving you a different deadline. Print entire guide. Brexit Check what you need to do. Is this page useful?

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