Self Assessment Question

roady rhodes · 20-03-2016 11:01AM #1

Hi

I became self employed in Feb 2015.I have registered as being self employed with revenue.

I have yet to file for any income tax and just wanted to know if i could start doing my return for financial year of 2015 now or do i need to wait closer to the deadline day on October 31 ?

I am planning to my self assessment online through the ROS filing system, thanks in advance.

DmanDmythDledge · 20-03-2016 02:30PM

You can file your return now on ROS if you like. You can still set 10 November (see here) as the payment date for any liabilities or preliminary tax 2016 that may arise.

Lockedout2 · 20-03-2016 05:02PM

Do you know how to do accounts?

Are you familiar with the commencement rules for sole traders?

Are you aware that you don't have to file the return until the October following the second year of assessment.

Go and talk to an accountant.

roady rhodes · 21-03-2016 09:16PM

Lockedout2 wrote: »

Do you know how to do accounts? Yes

Are you familiar with the commencement rules for sole traders? Yes

Are you aware that you don't have to file the return until the October following the second year of assessment. Yes this October will be my second year

Go and talk to an accountant.

Used one for overseas tax and had a bad experience, think il give this a go myself

Stheno · 21-03-2016 09:19PM

Should OP not have done a preliminary tax return last Oct?

Self Assessment Question

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