New Self Assessment Registration Form

HMRC have also announced a change to the process of registering for Self Assessment.

This change will not affect the existing process for the self-employed, who will continue to either contact HMRC's helpline, or complete form CWF1 (paper or via HMRC website).

The change seeks to address the uncertainty when a non-self employed individual needs to register for Self Assessment. Section 7 of the Taxes Management Act 1970 places an obligation on the individual to notify to HMRC of a liability to Income Tax or Capital Gains Tax, within 6 months of the end of the tax year. In practice, this meant contacting a local HMRC office.

To streamline the procedure, a new form is available (SA1) which when completed, will be dealt with by HMRCs Central Agent Authorisation Team in Newcastle upon Tyne. Alternatively, a new helpline is available to register by telephone. Form SA1 can be found by following the link below:

http://www.hmrc.gov.uk/sa/forms/sa1.pdf