Full time employee & Self Employed (starter business)

Hi I've recently launched my own business this year and was wondering what the best way is for working out tax return etc. At the moment I also work full time, where I pay tax, and NI. My new business (so far) has made under the £1,000 from April 2024 until the projected April 2025. Do I place a tax return request in April 2025 for the past year solely for this business? / How does it work

Hi Erin Lee,
If your business has started trading, register as a sole trader here:
Set up as a sole trader: step by step
When the tax year ends in April 2025, we will automatically request you file a 24/25 tax return.
Thank you.