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Posted Sat, 22 Jul 2023 07:11:49 GMT by danielk4601
I have retired 2 months into the 2023/24 year, and have submitted a form to deregister from self employment. How do I treat the 2 months of this year, will I be asked to submit a 2 month return when HMRC process the form? Or do I need to wait until the end of the 2023/24 year? It is worth noting that I am well under the tax threshold anyway.
Posted Mon, 31 Jul 2023 12:09:31 GMT by HMRC Admin 19

If your gross trading income for those two months is above £1,000 you will be required to file the return. if it is less then you can request removal from Self Assessment.

Thank you. 

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