Brand Bitesize: Self-Assessment
In this Brand Bitesize video, we take a look at self-assessment – relevant to CII exam R03, but also a worthy reminder for exams AF1, AF5, CF1, R01, R04, and R06.
This video is correct as at 13 June 2023.
Tax returns under the self-assessment scheme have been around for a long time. This is how HMRC collect tax for income which isn’t paid through PAYE. The amount of tax payable depends upon earnings in the previous tax year, with the total amount split over 3 payments.
If you’re learning this for the first time, in this ‘bite-sized’ video, we talk about who usually must submit self-assessment tax returns, when payments are due, and how the total year’s tax bill is split.Check out this short, informative video - it's Brand Bitesize, and this one's all about self-assessment – useful for #CII AF1, AF5, CF1, R01, R03, R04, and R06 exam revision. Click To Tweet
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