Self-Assessment for Individuals

This course will enable you to

• Explore the key issues of self-assessment (SA) - focusing on what it is, who it affects, timescales and deadlines, and various statutory record-keeping requirements
• Understand the format of SA returns and various claims and elections that may be required
• Gain knowledge on additional compliance and reporting issues faced by the self-employed
• Register for HMRC’s online services
• Understand HMRC’s enquiries and investigations procedures and learn to negotiate satisfactory outcomes

About the course

Each year, around 12 million individuals in the UK are required to complete a self-assessment tax return. With strict deadlines and significant penalties for non-compliance, mistakes or delays can prove costly. For anyone involved in personal tax, understanding the self-assessment system is essential to avoid risk and ensure obligations are met.

This course outlines the key principles of the UK’s self-assessment regime for individuals. You'll explore who needs to complete a return, the required timescales, what records must be kept, and how claims and elections are made. The course also covers compliance issues for the self-employed, registering for HMRC’s online services, and handling enquiries or investigations.

By the end of the course, you’ll be equipped with a clear understanding of how the self-assessment system works and the confidence to ensure accurate and timely compliance for yourself, or your clients.