Guide
Self Assessment
Self Assessment is how you report income that isn't taxed automatically through PAYE. You file a return once a year online and pay any tax due by 31 January.
Step by step
- 1Check whether you need to file
- 2Register by 5 October after the tax year you first need to file for
- 3Get your UTR (Unique Taxpayer Reference) by post, in your HMRC online account, or in the HMRC app
- 4Gather income and expense records
- 5File online by 31 January
- 6Pay what you owe, including any payments on account
Common mistakes
- Leaving registration too late
- Forgetting payments on account
- Mixing personal and business expenses
- Missing the 31 January deadline (a £100 fine straight away on a non-MTD return; MTD users get penalty points from 2026/27)
Related guides
Self Assessment tax calculator
Last checked against GOV.UK: 28 October 2026. Tax year 2026/27.
Not affiliated with HMRC. General information, not professional tax advice. Check GOV.UK or speak to a qualified adviser for your situation.