Self Assessment tax returns are a mechanism for people to disclose their income and determine how much tax they owe to HM Revenue and Customs (HMRC) in the UK. Self-employed people, board members of corporations, and anyone who earns income that is not taxed at source, such as rental income, interest income, or capital gains, use it.

An individual discloses their income and requests any tax exemptions and reliefs they are qualified for in a self-assessment tax return. Using their income and the applicable tax rates, they then determine how much tax they owe. The tax return must be delivered to HMRC by the due date, which is ordinarily January 31st after the end of the tax year.

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.