26/06/2025
NI Side Hustlers Urged To File Tax Returns Early to Avoid January Rush
HM Revenue and Customs (HMRC) is encouraging anyone in Northern Ireland earning extra income from a side hustle to check their tax obligations now and file their Self Assessment tax return without delay.
This proactive approach aims to help individuals understand their tax situation sooner and potentially spread payments over time, avoiding the last-minute rush before the 31 January 2026 deadline.
The call applies to a wide range of additional income streams, from online selling and content creation to dog walking and property rental, and importantly, includes gains or income received from cryptoassets. The key threshold to remember is £1,000: anyone earning more than this from their side hustle in a tax year may need to register for Self Assessment and complete a tax return.
Individuals unsure if they need to complete a tax return for the 2024 to 2025 tax year can utilise the checker tool available on GOV.UK. New entrants to Self Assessment must register to receive their Unique Taxpayer Reference (UTR). Easy-to-use guides specifically for side hustlers can be found at taxhelpforhustles.campaign.gov.uk.
Myrtle Lloyd, HMRC's Director General for Customer Services, commented: "Whether you are selling handmade crafts online, creating digital content, or renting out property, understanding your tax obligations is essential. If you earn more than £1,000 from these activities, you may need to complete a Self Assessment tax return. Filing early puts you in control – you will know exactly what you owe, can plan your payments, and avoid the stress of the January rush. You don't need to pay immediately when you file – you have until 31 January to settle your tax bill."
The official deadline for submitting an online Self Assessment tax return and paying any tax owed for the 2024 to 2025 tax year is 31 January 2026.
Early preparation is particularly crucial for sole traders or landlords whose qualifying income exceeds £50,000. These individuals will need to transition to Making Tax Digital (MTD) for Income Tax from April 2026, which mandates digital record-keeping and quarterly updates using compatible software.
Further information on Self Assessment and how to file a tax return is available on GOV.UK – www.gov.uk/self-assessment-tax-returns
This proactive approach aims to help individuals understand their tax situation sooner and potentially spread payments over time, avoiding the last-minute rush before the 31 January 2026 deadline.
The call applies to a wide range of additional income streams, from online selling and content creation to dog walking and property rental, and importantly, includes gains or income received from cryptoassets. The key threshold to remember is £1,000: anyone earning more than this from their side hustle in a tax year may need to register for Self Assessment and complete a tax return.
Myrtle Lloyd, HMRC's Director General for Customer Services, commented: "Whether you are selling handmade crafts online, creating digital content, or renting out property, understanding your tax obligations is essential. If you earn more than £1,000 from these activities, you may need to complete a Self Assessment tax return. Filing early puts you in control – you will know exactly what you owe, can plan your payments, and avoid the stress of the January rush. You don't need to pay immediately when you file – you have until 31 January to settle your tax bill."
The official deadline for submitting an online Self Assessment tax return and paying any tax owed for the 2024 to 2025 tax year is 31 January 2026.
Early preparation is particularly crucial for sole traders or landlords whose qualifying income exceeds £50,000. These individuals will need to transition to Making Tax Digital (MTD) for Income Tax from April 2026, which mandates digital record-keeping and quarterly updates using compatible software.
Further information on Self Assessment and how to file a tax return is available on GOV.UK – www.gov.uk/self-assessment-tax-returns
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06 January 2025
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With less than a month remaining, HM Revenue and Customs (HMRC) is urging over 5.4 million taxpayers to complete and submit their Self Assessment tax returns to avoid penalties. While some diligent filers completed their returns as early as January 1st, a significant portion remains outstanding.
27 July 2023
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Urging self assessment customers to file their tax returns early, HM Revenue and Customs (HMRC) has highlighted "four key benefits". The Self Assessment deadline for the 2022 to 2023 tax year is 31 January 2024. Customers who file early will have more control over their financial affairs and beat the January rush.
Self Assessment Customers Urged To File Taxes Early
Urging self assessment customers to file their tax returns early, HM Revenue and Customs (HMRC) has highlighted "four key benefits". The Self Assessment deadline for the 2022 to 2023 tax year is 31 January 2024. Customers who file early will have more control over their financial affairs and beat the January rush.
24 October 2024
100 Days Left To File Your Self Assessment Tax Return
The clock is ticking for taxpayers who file Self Assessments. HM Revenue and Customs (HMRC) is reminding everyone that they have just 100 days left to submit their return and settle any tax owed before the January 31st deadline. For those who haven't started yet, HMRC offers a wealth of information and guidance on GOV.
100 Days Left To File Your Self Assessment Tax Return
The clock is ticking for taxpayers who file Self Assessments. HM Revenue and Customs (HMRC) is reminding everyone that they have just 100 days left to submit their return and settle any tax owed before the January 31st deadline. For those who haven't started yet, HMRC offers a wealth of information and guidance on GOV.
23 January 2024
HMRC Issues Self Assessment 31 January Deadline Reminder
HM Revenue and Customs (HMRC) has urged the 3.8 million people yet to file their Self Assessment tax return are urged to "act now or risk facing a £100 penalty". HM Revenue and Customs (HMRC) is expecting more than 12.1 million tax returns to be filed for the 2022 to 2023 tax year along with any payment that is owed. To date more than 8.
HMRC Issues Self Assessment 31 January Deadline Reminder
HM Revenue and Customs (HMRC) has urged the 3.8 million people yet to file their Self Assessment tax return are urged to "act now or risk facing a £100 penalty". HM Revenue and Customs (HMRC) is expecting more than 12.1 million tax returns to be filed for the 2022 to 2023 tax year along with any payment that is owed. To date more than 8.
23 October 2023
Just 100 Days Left To Submit Self Assessment Tax Returns
HM Revenue and Customs (HMRC) has issued a reminder to Self Assessment customers that there is now just 100 days left to submit a tax return by the deadline of 31 January 2024. And with the clock ticking down, customers can find various types of help from webinars to step by step guides at the click of a mouse.
Just 100 Days Left To Submit Self Assessment Tax Returns
HM Revenue and Customs (HMRC) has issued a reminder to Self Assessment customers that there is now just 100 days left to submit a tax return by the deadline of 31 January 2024. And with the clock ticking down, customers can find various types of help from webinars to step by step guides at the click of a mouse.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.