Self Assessment

PayToolkit's self assessment articles: practical UK tax guidance, worked examples, and links to the right free calculator for each topic.

Self Assessment catches a lot of people off guard — not just the self-employed, but landlords, side-hustlers, and anyone with untaxed income over the reporting thresholds. Missing the 31 January deadline brings an automatic £100 penalty even if you owe nothing, and interest builds daily after that on any tax due. Our Tax Set-Aside Calculator tells you how much to put by from every payment you receive, so the January bill is never a surprise.

If you're not sure whether you even need to file, start with when you need to register for Self Assessment. Already registered and want to check what you owe right now? Use the Take-Home Pay Calculator for employment income or the Sole Trader Tax Calculator for self-employed profits, and track everything year-round with the free Expense Tracker.