Hokay! I registered as Self-Employed a week or so ago and I just got a letter back about it. Is all okies and pretty standard I believe, though there's a bit that says:
"What happens next?
- You will receive a Notice requiring you to complete your tax return
- You will have at least three months from the date of issue shown on the Notice to send in your tax return, either online or on paper."
And... I am not getting what this means :/ Is a 'tax return' basically = pay taxes?
I am a little worries as I have no money saved to pay this with right now? I don't know when I am supposed to start paying? I thought it was the end of the tax year rather than like... now / few months? Agg.. confusion.
Is there an actual date for us UKers to pay tax? Like, all of us? Or can we choose when to pay? Or ...I don't get how it'd decided when we pay?
I am still under the threshold in terms of the personal allowance shtick - I've not made over like £7000 - £8000 (or whatever the personal amount you're allowed to earn is).
Basically... yeah I need help interpreting what the letter said there!
Thank you for any help!



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You are *always* a great help to me in my tax woes!


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