Do I need to register for self assessment if I have rental income?
If the rent received during the tax year was between £2,500 and £9,999 after expenses or £10,000 before expenses then yes, you do have to register for self assessment. Registration is simple. Complete for form SA1 online at HMRC within six months of year end. That means if you had rental income during the 2014/15… [Read the full article »]