Self-査定／評価: Who needs to とじ込み／提出する a 税金 return in January and will you 直面する a hefty 法案 for selling online?
- HMRC's 最終期限 for self-査定／評価 税金 returns is 31 January?
- We ask 税金 専門家s for their tips on とじ込み／提出するing ahead of the 最終期限
- We also explain who does - and doesn't - need to とじ込み／提出する a self-査定／評価 return?
The countdown is on for millions of Britons who need to とじ込み／提出する their 税金 returns ahead of the 31 January 最終期限.
More people could be caught out this year, as frozen 税金 thresholds and new 支配するs on selling online mean they might not even realise they have to とじ込み／提出する a self-査定／評価 return.
Last month, HMRC 発表するd it would 削除する 接近 to its 献身的な self-査定／評価 helpline until 31 January.?
税金 法案: Those using apps such as Vinted might be caught out if they sell a lot 予定 to new 支配するs
The 税金 office will only take '優先 calls' and direct everyone else to its website for help, meaning it's more important than ever to get in 早期に, should you have any 問題／発行するs.
To 避ける any extra 強調する／ストレス ahead of 31 January, we explain who needs to とじ込み／提出する a 税金 return - and who doesn't - and 税金 専門家s 株 their tips to get ahead.? ?
Who needs to とじ込み／提出する a 税金 return?
A self-査定／評価 税金 return needs to be submitted by anybody who runs a small 商売／仕事, or receives income from another source which hasn't been 税金d.
This 含むs those self-雇うd as a 単独の 仲買人 who earned more than £1,000, partners in a 共同, and those with a total taxable income of more than £100,000.
This month's 最終期限 is for the 税金 year which started on 6 April 2022 and ended on 5 April 2023.?
Income from overseas, from 貯金, 投資s and tips or （売買）手数料，委託（する）／委員会／権限 may also be 支配する to self-査定／評価, 同様に as anyone 収入 more than £50,000 whilst receiving child 利益.
HMRC 人物／姿／数字s show 6.5million 顧客s have already beaten the self-査定／評価 clock, but nearly 5.7million still need to とじ込み／提出する their 税金 return.
If you receive a salary from your 雇用者, and have not received money from any other sources, you don't need to wor ry about self-査定／評価. 税金 has already been deducted from your 給料 and paid to HMRC 経由で PAYE.
But if you have a 味方する hustle or rent out a 所有物／資産／財産 on 最高の，を越す of your 十分な-time 職業, for example, you will need to とじ込み／提出する a 税金 return.
However, there are some exceptions to this. The 貿易（する）ing allowance means that £1,000 of self-雇うd income can be earned in a 税金 year before HMRC needs to be 通知するd, or 税金 paid on it.
If you don't とじ込み／提出する on time, you 直面する an (a)自動的な／(n)自動拳銃 £100 罰金. This 増加するs to a £10 daily 告発（する），告訴（する）／料金 after three months and a その上の 5 per cent of any 税金 借りがあるd, or £300, whichever is greater.
Don't get caught out by frozen 税金 thresholds
にもかかわらず changes to 国家の 保険 出資／貢献s 発表するd by the （ドイツなどの）首相／（大学の）学長 in the autumn 声明, more people are 存在 押し進めるd into 支払う／賃金ing 税金.
The Office for 予算 責任／義務 (OBR) has 予測（する） that 1.2million more people will need to とじ込み／提出する a self-査定／評価 税金 return for 2023/4.?
This is because personal 税金 allowances remain frozen while （株主への）配当 and 資本／首都 伸び（る）s 税金 thresholds have been 削減（する）. It means that more people could 結局最後にはーなる 支払う／賃金ing 税金 as they earn more, 予定 to something called 会計の drag.
The personal 税金 allowance h as been frozen at £12,570 until at least April 2028, while the （株主への）配当 allowance of £2,000 for 2022/23 has been 削減（する） to £1,000 for the 現在の 税金 year.
Get ahead: 避ける incurring an £100 (a)自動的な／(n)自動拳銃 罰金 by sorting out your 税金 return now
This 影響する／感情s company 株主s who receive （株主への）配当 支払い（額）s from a company's 利益（をあげる）s.
The 資本／首都 伸び（る）s 税金 threshold for 2022/23 of £12,300 has also been 削減（する） to £6,000 and is 始める，決める to 落ちる その上の to £3,000 from April 2024.
This month's 最終期限 is for the 2022/23 税金 year, meaning that while allowances have already been 削減（する）, this will start to be felt more acutely by taxpayers next January.
Savers could also be 押し進めるd into とじ込み／提出するing a 税金 return, as higher 率s could 押し進める some over the personal 貯金 allowance of £1,000 for basic 率 taxpayers and £500 for those on a higher income.
Could selling online 背負い込む a hefty 税金 法案?
HMRC has been 割れ目ing 負かす／撃墜する on online 仲買人s who use 壇・綱領・公約s like eBay and Vinted and have failed to 宣言する their sales.
Many taxpayers are 不明瞭な if this income should be 宣言するd, 特に as most 販売人s will only be selling a few items here and there, rather than becoming a professional 販売人.
However, the £1,000 貿易（する）ing allowance means most taxpayers will not 直面する a hefty 税金 法案.
Do you need to 宣言する 税金 if you sell unwanted 着せる／賦与するs and other items online??
One of the easiest way to make cash is by selling unwanted items 集会 dust online.?
同様に as eBay, apps and websites such as Depop, Facebook Marketplace and Vinted have 爆発するd in 人気 since the pandemic.?
In turn, millions of us have used online marketplaces to make some extra cash or even 開始する，打ち上げる a 商売／仕事.?
So, could you 直面する a shock 税金 法案 if you don't 宣言する the income you make online??
Toby Tallon, 税金 partner at Evelyn Partners said: 'If you are とじ込み／提出するing a return then you should 宣言する this income and, if your 貿易（する） expenses are いっそう少なく than £1,000, tick the box to （人命などを）奪う，主張する the allowance instead of these expenses.'
However, there might be some changes in the coming years.?
From 1 January 2024, 数字表示式の 壇・綱領・公約s like Airbnb, Uber and Etsy will be 責任がある collecting （警察などへの）密告，告訴（状） about how much their 使用者s are 収入 from selling goods and services.
In the past, HMRC has been able to request this （警察などへの）密告，告訴（状）, but these new 支配するs mean the 壇・綱領・公約s must start collecting the data this year and start 報告（する）／憶測ing in 2025.
Bradley said: '味方する hustlers, such as taxi drivers, food deliverers, freelancers, short-称する，呼ぶ／期間／用語 accommodation owners and online marketplace 販売人s are all 支配する to the new 支配するs.
'HMRC have 確認するd the data will be 株d with other 税金 当局, so UK-based 販売人s who 貿易（する） overseas can be 影響する／感情d by the new 支配するs. The usual 支配するs around submitting a self-査定／評価 still 適用する.
'数字表示式の 壇・綱領・公約s will 報告（する）／憶測 data based on a calendar year (1 January to 31 December), while 味方する hustlers who 服従させる／提出する self-査定／評価 税金 returns will 報告（する）／憶測 their 財政／金融s on a 税金 year basis (6 April to 5 April). This means there may be some 混乱 when matching the data 報告（する）／憶測d by a 壇・綱領・公約 to the data 記録，記録的な／記録するd by the 販売人.'
Don't forget about 支払い（額）s on account
If you are とじ込み／提出するing in January for the 2022/23 税金 year, then you have technically earned nine months of income since the start of the 現在の 税金 year without 支払う／賃金ing 税金.
HMRC therefore 始める，決めるs another 告発（する），告訴（する）／料金 called 支払い（額）s on account to put に向かって the 現在の 税金 year's 法案.< /p>
Chris Bradley, of The Accountancy 共同, said: 'If a 税金 法案 comes to more than £1,000, 支払い（額）s on account are 要求するd. These are 前進するd 支払い（額）s に向かって next year's 法案.'
The first of these 前進する 支払い（額）s is equal to half of this year's 法案 and is also payable by the 31 January 最終期限. HMRC can 始める，決める up a 返済 計画（する） if the 法案 is not paid on time, but a £100 刑罰，罰則 is still 課すd.
Bradley 追加するd: 'HMRC may also send an 概算の 税金 法案 that could be higher than an actual 法案.'
And lastly… don't leave it until the last minute!
With the HMRC helpline only 利用できる to 攻撃を受けやすい 顧客s, you will need to put aside time to find out （警察などへの）密告，告訴（状） you might not have.
You'll be sent to the website for queries relating to passwords, personal 詳細（に述べる）s, finding your unique taxpayer 言及／関連 etc - it might save you some time on the phone but it could also mean it'll take you longer.
The 協会 of 借り切る／憲章d Certified Accountants' Gemma Gathercole said: 'When filling out your self 査定／評価, make sure you've got everything that you need, and take your time to fill it out and check it over.
'It's important not to 急ぐ your self 査定／評価, even if you have left it a little late. Give yourself a couple of 静かな days where you can work your way through the form and ans wer the questions with 正確な data.'
You will need to gather all 関連した 財政上の 文書s, 含むing P60, P45, P11D or P9D forms, bank 声明s, 領収書s for expenses and 記録，記録的な／記録するs of any untaxed income.
Xero's Stuart Miller said: '完全にするing 税金 returns can be a コンビナート／複合体 and challenging 過程. A ありふれた mistake small 商売／仕事 owners make is leaving the 仕事 until the last minute, which can lead to 予期しない, higher 税金 義務／負債s.
'For example, new 商売／仕事s might overlook 支払い（額）s on account if their 税金 義務／負債 より勝るs £1,000 and be unaware that 付加 支払い（額）s に向かって next year's 税金 法案 are 予定
'Do not 延期する 完全にするing your 税金 return. It's all in the 準備 ? to 避ける last minute 急ぐs, 確実にする all expenses are accounted for 正確に and 接近 support from an accountant should you need it.'
If you're stuck for New Year's 決意／決議s then keeping your 財政上の 記録，記録的な／記録するs organised throughout the year can help to 簡単にする the 過程 and 減ずる errors.?
