If you rent out property, then you will usually have to report this to HMRC and pay tax on it.

The Low Incomes Tax Reform Group (LITRG) is pleased to have the opportunity to make a budget representation 2024 in relation to the gig economy and OECD online platform reporting rules. 

If you meet HMRC’s self assessment criteria for a particular tax year, you will need to file a tax return. It is also important to understand your legal obligations relating to self assessment to avoid penalties and interest.

Basis period reform only affects some self-employed individuals and partners in partnerships. If you are affected, the way you report your profits for tax purposes has changed from the 2023/24 tax year onwards. This page explains what basis periods are, the changes made under basis period reform, ...

This page gives an overview of some of HMRC’s digital services, how to access them (including proving your identity) and what support is available to help you use them. The information on this page is subject to change as HMRC continually improve and expand what is available online.

This page explains how you register as self-employed for income tax and National Insurance contributions (NIC) purposes.