For self-employed persons with an annual income of up to £50,000 without keeping records of expenses and without employees
£120-£300
Self Assessment Tax Return
This is the main report that a self-employed person must submit to HM Revenue & Customs (HMRC). It includes details of income, expenses, and other tax matters relating to a person in a particular tax year.
Submission Deadlines: If you submit the report in paper format, the deadline is October 31 after the end of the tax year. If you file an electronic report, the deadline is January 31 after the end of the tax year.
Payment of Tax: Based on the Self Assessment Tax Return report, the amount of tax to be paid is determined.
Payment Deadlines: Taxes are generally due by January 31 after the end of the tax year.
The cost of a report depends on its content. In general, there are three price options for the most common options:
£120 – a declaration based on income and trading allowance (excludes expenses)
£180 – a declaration with income and expenses (requires proof of expenses)
£300 – a declaration that includes foreign income or other special types of income (capital gains, pension income, etc.)




