Self Assessment

[rjustice]

Ok, I have called the hmrc (idid try calling last night a few times but couldn't get through so I asked on here) and they rey say they require a self assessment for the tax year year that you become a company director even if no tax is actually due.

[Clare@InTouch]

Ok, thanks for your responses. I will complete a self assessment for 2012-2013. My accountant has told me that I will need to wait for a UTR so I will miss the 31st and so have to pay a £100 penalty. Pretty annoying but I would prefer to take the hit and put my mind at rest. Rookie mistake.

As Jessica said you should be fine - if you have no UTR then HMRC will extend the filing deadline for 3 months after they issue you one.

[SussexSeagull]

Ok, I have called the hmrc (idid try calling last night a few times but couldn't get through so I asked on here) and they rey say they require a self assessment for the tax year year that you become a company director even if no tax is actually due.

They require one but it isn't a legal requirement unless they send you a form (assuming of course you don't actually owe them any tax).

Having said that, other than a bit of time it doesn't do any harm.