Ahh the inescapability of tax deadlines. The vast majority (VAT, Corporation Tax etc.) we can take care of for you, unfortunately there are a couple of things clients must do personally. One of those is registering to submit a Self Assessment.
If you’re a Crunch client wondering “Do I have to submit a Self Assessment?”, the answer is yes! All limited company directors must submit Self Assessments.
How do I register?
To register for Self Assessment you need to get in touch with HMRC. The best way to do this is to call the Self Assessment Helpline on 0845 900 0444. You will need to provide your National Insurance number and explain that you have recently become a company director.
HMRC recommend calling between 10am and 4pm (excluding lunchtime) Monday-Thursday to avoid their protracted hold times.
If you want to avoid hold-based misery, you can fill out form SA1 (PDF) and send it to HMRC.
When do I have to register by?
5th October if you became a director before 5th April 2012, or if you had any income outside of employment in the 2011/12 tax year.
What happens next?
Once you’re registered, you’ll receive a Unique Taxpayer Reference (UTR) number. You should hang onto this as you’ll need it when you come to complete your Self Assessment.
Let us handle that!
Remember, we can complete Self Assessments for Complete and Max clients – send your Account Manager an email to get the process started. Registering for Self Assessment, however, has to be done by you personally!