Legalising Tax situation

[wonderland]

A friend of mine has been doing freelance work for a while, i.e. on a self-employed basis. He never registered as self-employed with the IR. He now would like to regularise his tax situation, but is not sure how to go about doing that. We'd be most grateful for any suggestions/advice. Cheers.

[Ethel]

Very easy to do, and the tax office is very helpful. Honestly! LOL

Excellent information in this link:

http://www.businesslink.gov.uk/bdotg/action/la yer?topicId=1073875654

But your friend should be aware that he is legally obliged to register as self employed within three months of starting working for himself. Failure to do so may incure a fine of �100.

[ncjames7048]

Best Thing to do is to contact the Inland Revenue directly, may be at one of their local centres and inform them, then they will get him all the relevant forms etc to complete. If he is found to be late submitting a tax return he will have to pay a fine, dependant on exactly how late he is. If hes' not late, best thing to do is find a local accountant who can get all his returns done on time, or indeed catch up with any that are not!

[Bev2007]

I did some freelance work on a self employed basis and didnt declare at the but of course had to put it on my tax return.
They didnt fine me which was very nice of them but have taken some payment on account for next year which is standard practice.
Anyway my point is that they wont necessarily hound him out of town, and he may even avoid the fine if he's lucky, so he should just get on and ring them up.