Business closure and Self Assessment

Hi there, I'm registered as a Sole Trader (not VAT) and have decided to relocate and leave the UK. I still need to submit my Self Assessment for the year 2023/2024 and also 2024/2025. I stopped working at the beginning of August and I'm planning to open a business in Italy within the next couple of months. Can I close the business now and inform HMRC before submitting both Self Assessments? Thank you for your time! Devid

Hi devids1,
You can inform us that your ceasing being Self Employed as a sole trader here:
Stop being self-employed
You can file your 23/24 return immediately, while you can send us your 24/25 return from the 6th of April 2025.
If you have left the country when you file your 24/25 return, please send a paper copy, and include a SA109.
Read more advice here:
Tax if you leave the UK to live abroad
Thank you.