Latest tax assessment rules for businesses

Whether you’re a new business owner or started a side hustle, chances are you’ll have to pay tax on your earnings, writes HMRC deputy director for Self Assessment Jashoda Pindoria.
With the deadline for filing Self Assessment and paying the tax fast approaching, below is the latest guidance on what to do.Related Story Counterfeit clothes fraudsters sentenced after £90m tax scam29/08/2025 x 11:28 AMSelf Assessment is how the self-employed and sole traders pay tax on their income