Do I have to Complete a Self Assessment Tax Return?

Unicorn Accountants20 Mar, 2024Finance

If you are self-employed, a freelancer, or have more than one source of income, you must file your yearly self assessment tax return with HMRC. This is true even for employed individuals, where HMRC may require you to file a tax return to ensure your tax affairs are in order. Doing a self assessment for the first time might feel a little daunting at first. Even when done annually, you may find certain elements of the filing process difficult. All it takes is a little preparation and understanding of the process to make things quicker, easier, and less of a chore. With the right knowledge of tools available to you, you can easily file your self assessment tax return online and ensure your tax obligations with HMRC are square.