Self Assessment Tax Return Deadlines

As a self-employed freelancer, your Self Assessment tax return is perhaps the most significant part of your financial calendar. These are the deadlines you need to be aware of:

🟩 5th October 2023 Register for Self Assessment if you’re self-employed or a sole trader, not self-employed, or registering a partner or partnership

🟩 31st October 2023 This is the deadline for paper tax returns. It’s worth noting that fewer people are using this method, and HMRC encourages online submission.

🟩 31st January 2024 This is the deadline for online tax returns. By this date, you also need to pay any tax you owe for the previous tax year.

🟩 31st January 2024Pay the tax you owe for the previous tax year (known as a balancing payment) and your first payment on account

🟩 31st July 2024 for your second payment on account

Late filing and late payment can result in penalties, so it’s essential to keep these dates in your diary and plan ahead to ensure that you meet all your tax obligations on time.