Self-Assessment is for those who want to work for themselves. Every year all self-employed people have to submit their tax return to HMRC which could be a stressful experience. If you are self employed, HMRC require that you complete your self assessment tax return to ensure that you are paying the correct amount of tax each year.
There are a number of circumstances under which you may be required to register with HM Revenue & Customs (HMRC) and complete a self-assessment tax return. If you: