Self-assessment for individuals

Overview

Self-Assessment (SA) for individuals is a hugely important area of taxation as it affects so many people.

HMRC issue and receive around 12 million tax returns each year. The penalties for non-compliance are severe and can prove to be very costly.

This course identifies and explains the main principles and practice underlying the UK’s SA tax system for individuals. You will get to grips with how the system works and the issues that may need to be addressed. By the end of the course, you will have a good understanding of the basic SA system for individuals.

The course is relevant to any finance professional in business and industry who is involved in personal tax. It also appeals to staff in accountancy and/or tax practices, who need to gain an understanding of the basic principles of self-assessment.

This course will enable you to:

• explore the key issues of self-assessment (SA) - focusing on what it is, who it affects, timescales and deadlines, and various statutory record-keeping requirements
• understand the format of SA returns and various claims and elections that may be required
• gain knowledge on additional compliance and reporting issues faced by the self-employed
• register for HMRC’s online services
• understand HMRC’s enquiries and investigations procedures and learn to negotiate satisfactory outcomes.

Key information

• learn at your own pace
• help meet your annual CPD requirements
• iPad/Android compatible
• receive 10% discount when you use code ACCA101 at checkout.

Helping accountants grow

Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party supplier.