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Transitioning - gainfully self employed with 1 year start up when is HMRC 1st Tax Year period?

Posted Tue, 26 Dec 2023 02:06:35 GMT by
Hi, if i was found gainfully self employed on 27Mar2023 and my start up year ends on 27Mar2024 what will be my 1st Tax Year for self Assessment period?
HMRC Admin 5 Response
Posted Mon, 08 Jan 2024 12:35:06 GMT by HMRC Admin 5 Response
Hi

Strictly speaking, 27/3/23-5/4/23 is your first tax return is 22/23 that is due 31/1/24.

Thank you

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