SA Tax return query for new business.

dpcsystems

HI,

I setup as a soletrader in August 2007, i have informed the relevant parties, tax, NI etc.

Question is, do i need to send in a Self Assemnet Tax return now eg online by 31st Jan or form by April or does it not count until the next year?

reason i ask is because I downloaded a SA tax return form and it was wanting info for year ending April 2007 which i wasnt even in business then.

Any help would be good as still learning about all this.

thanks

Hoddie_2

Your first return won't be issued until April, due back to HMRC by 31/1/09.

dpcsystems

Hoddie wrote: »

Your first return won't be issued until April, due back to HMRC by 31/1/09.

thats what i was beginning to think, thanks for confirming that.

goingloco

I too registered as self-employed in August 2007, and have received a letter asking for me to complete a tax return. Should I just ignore the letter?

Hoddie_2

goingloco wrote: »

I too registered as self-employed in August 2007, and have received a letter asking for me to complete a tax return. Should I just ignore the letter?

No. Call HMRC and ask them to clarify whether a SA return is necessary for 2006-07, and if so why?