Thoughts from the office dog....
Registering with HMRC for self-assessment
Once you have decided to take that leap - you must tell HMRC by 5th October of the tax year following.
Say you go self employed from 23rd Feb 2023 - you must register by 5th October 2023.
HMRC can and will impose fines for late registration!
Registration is relatively simple via their website:
My advice is too always do it as soon as you make that decision to go self employed - there is no point in leaving in until the last minute. You will have other more exciting things to do so just get this boring bit out of the way.
As somebody once said to me "JFDI"
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