For self-employed people, company directors and those receiving other sources of income, you will need to file a self-assessment tax return.
While the fundamentals of self-assessment remain unchanged, more and more people are becoming self-employed.
Figures from the Ofice for National Statistics reveal the number of workers registered as self-employed at the end of August 2017 reached 4.86 million – up 70,000 on the same time in 2016.
As self-employment is proving popular, many who have left employment will be coming into self-assessment for the very first time.
This article will go through the process of self-assessment and the steps to complete your tax return on time.