..TALKING TAX...TALKING TAX.. I KNOW WHAT I NEED TO DO, WHAT NEXT?


Visit GOV.UK to register for Self-Assessment: https://www.gov.uk/register-for-self-assessment (3)


or request to remove yourself from Self-Assessment - see link (2)


There is a new customised step by step guide for customers that are filing for the first time: https://shorturl.at/DZ257 (4)


If you’re already registered for Self-Assessment, you don’t need to register again and can use your existing Unique Taxpayer Reference (UTR) to complete your tax return. Your UTR will be on any letters sent by HMRC and you can also find it via the HMRC app.


If you’re completing Self-Assessment this year, whether it’s for the first time or you’ve been doing it for years, you may want to consider filing your tax return early.


Many customers leave it until the last minute and file on or around the 31 January each year. Did you know more than 860,000 customers filed their 2021 to 2022 tax returns on 31 January 2023?


You can file any time after 6 April. If you file earlier, you aren’t required to pay earlier, but you do benefit from finding out exactly what you owe and getting some time and space to budget and manage your tax bill to suit your finances.


Whatever action you take regarding your Self- Assessment status, stay aware of scammers.


Scammers use HMRC’s calendar to contact potential victims with messages timed to be most effective. They know the key Self-Assessment dates and will contact you when you’d expect HMRC to be in touch, hoping that busy people will be easily taken in and click on a link or contact them so they can steal your details or your money.


And remember, never share your HMRC login details with anyone, and that includes a tax agent, if you use one.


HMRC provides a lot more advice on scams and what to watch out for, visit the phishing and scams page on GOV.UK:


https://www.gov.uk/topic/dealing-with-hmrc/phishing- scams (5)


PHTM SEPTEMBER 2023


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