US·UK Accountants

Glossary · UK Tax

Self Assessment

Self Assessment is the UK system for reporting income not taxed at source — including self-employment, rental, and foreign income — by filing an annual tax return with HMRC. The online deadline is 31 January following the tax year.

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By Sam H., Founder & Lead Advisor

Reviewed by Katie M.

In more detail

UK taxpayers with income outside PAYE — the self-employed, landlords, higher earners, and those with foreign or investment income — report it through Self Assessment. The UK tax year runs 6 April to 5 April, and the online return and payment are due by the following 31 January. Americans in the UK often file both Self Assessment and a US return, coordinating the two via foreign tax credits.

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