Simple habits to keep you on the right side of HMRC and avoid costly mistakes.
31st January, every year. Miss it = automatic £100 penalty. No exceptions, no extensions.
Also 31st January. Pay what you owe by then to avoid interest (8% + Bank of England base rate).
6 years minimum. If HMRC investigates, you'll need proof of every income claim and expense.
Even small amounts. Your employers report it to HMRC. They know. Always declare everything.
If contacted, don't panic. You have rights. Most investigations are routine. If you have good records, you'll be fine. If you made mistakes, be honest and correct them.
Tax compliance is less about being perfect and more about being thoughtful and organized. You're doing great by learning this stuff! 🌟
The tax app built just for performers, creatives and side-hustlers — track your income, expenses and live tax bill in one tidy place, ready for your return.
Start your free trial