Ospreys

Will I get penalised for late submission

The income I earned was well below any threshold less than £4000 a year and, i was unaware i had to declareit and at the time I was not a tax payer. Will there still be penalties?

The income I earned was well below any threshold less than £4000 a year and, i was unaware i had to declareit and at the time I was not a tax payer

This is my first time registering for self assessment can I submit previous years forms which I was unaware I had to do because I am not a tax payer, my income has only been approximately £3000 a year until this year where now i am a tax payer

If you do not usually send a tax return, you can register for Self Assessment to declare any income you have not paid tax on from the last 4 years. You’ll need to fill in a separate tax return for each year. Can you confirm what this statement on your website means. Are there any penalties if I register and submit previous years tax returns?