Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Thu, 25 Jan 2024 16:05:59 GMT by
I am registered as self-employed. I am filling out the tax return form for the first time. The earnings for the financial year between Apr '22 - Apr '23 were less than £1000. At this point it seems that I am to declare on the form that I'm not self-employed.....but I am.....and was for that year. May I have some assistance please?
Posted Tue, 30 Jan 2024 09:30:32 GMT by HMRC Admin 8 Response
Hi,
Although you are self employed, when your gross profit is less than £1000, you do not need to report the self employment on a tax return.  
This allows your self employment to continue and tax return notifications can still be issued in the future.
Thankyou.
Posted Sat, 26 Oct 2024 22:08:09 GMT by Kata Szentandrassy
Hello, I am sorry to jump into the conversation but I found this question the closest to my enquiry. I am also self employed and registered for self assessment long time ago ( before the £1000 allowance was introduced) Because I earn less than the threshold with my small business I stopped sending self assessments. Is that correct? Or shall I let Hmrc know that I am not sending one because of that reason? Many thanks for the clarification in advance.
Posted Fri, 01 Nov 2024 15:55:30 GMT by HMRC Admin 20 Response
Hi Kata,
If you do not meet the criteria for Self Assessment then you do not need to submit a tax return.
You can check if you meet the criteria at Check if you need to send a Self Assessment tax return
Thank you.

You must be signed in to post in this forum.