HMRC CWF1 PDF

This page is all about how you register as self-employed for income tax and National Insurance contributions NIC purposes. Have a look at our Employed, self-employed, both or neither page to help you work it out. It is possible to have two jobs where you are employed in one and self-employed in another. No tax or NIC is normally deducted from self-employed income also known as your trading income so you are responsible for making the necessary payments to HMRC.

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This page is all about how you register as self-employed for income tax and National Insurance contributions NIC purposes. Have a look at our Employed, self-employed, both or neither page to help you work it out. It is possible to have two jobs where you are employed in one and self-employed in another. No tax or NIC is normally deducted from self-employed income also known as your trading income so you are responsible for making the necessary payments to HMRC.

The exceptions are subcontractors in the construction industry who often have tax deducted from payments made to them under the Construction Industry Scheme CIS rules and examination markers who usually have tax deducted at the basic rate but not NIC. If CIS applies to you, then you must still register as self-employed and then also register as a subcontractor for CIS — they are two separate registrations. The one exception to this is if you have only a small amount of self-employment income and can use the trading allowance then you may not need to register with HMRC.

See our VAT page for more information. You should register with HMRC as soon as possible after you start trading , and by 5 October following the end of the tax year in which you started self-employment at the latest.

When completing online forms on GOV. UK, such as form CWF1, there is often no facility to save the form when you have only partially completed it. This means that you need to make sure you have all the information you require available when you start completing the form. We would also recommend that you print a copy of the form. Novak started trading on 1 January It may be the case that you are starting self-employment in two unconnected trades sometimes called multiple trades , for example, you decide to start your own business as a hairdresser but you also begin to make and sell greeting cards.

In these circumstances, you only need to register your self-employment once with HMRC and on your Self Assessment tax return you provide details of your two separate businesses hairdressing and selling greeting cards. We cover multiple trades on our page How do I work out my taxable profits? It may be the case that you are already registered for Self Assessment and are completing tax returns but not because you are self-employed for example, you may receive rental property income.

When you become self-employed you still need to let HMRC know this by the 5 October deadline see the section above but as you will be in the Self Assessment system and have a Unique Taxpayer Reference UTR already, you need to enter these details in the section of the form CWF1 which asks:.

Have you previously registered for Self Assessment? Complete the rest of the form with details about your business such as type of work and when you started trading. If you do not register by the relevant dates you may have to pay a penalty. See our penalties page for more information. You may also have to pay interest on any tax paid late. However, if you miss the October deadline but still manage to register as self-employed, file a tax return by the following 31 January and pay any tax owed by the same date, you should not run the risk of being charged any penalties.

If you still cannot find it then see our section What do I do if I lose or forget my National Insurance number? Each year, shortly after 5 April, you will be notified by HMRC that you need to complete a tax return. You will either be sent a notice to complete a tax return in the post or, if you have signed up for electronic communications via your Personal Tax Account , you will receive a message in this account. It is possible to have registered for self-employment with HMRC but then due to a change of circumstances perhaps an offer of employment , you decide not to work for yourself and never actually start trading.

If this happens then you must contact HMRC as soon as possible and let them know you have never traded so de-register your self-employment. You should ask for written confirmation from HMRC that you are no longer required to complete and file a Self Assessment tax return unless you need to do so for another reason unconnected with being self-employed.

If you do not do this then HMRC will expect you to file a Self Assessment tax return and if this is not done HMRC will issue late filing penalties even if there is no additional tax to pay. Our guide to self-employment is intended to supplement the material in this section. It explains the less common tax rules and contains more detailed information including a case study showing how to prepare accounts and what to include on your tax return.

We wrote this guide to help advisers non-tax who advise low-income self-employed individuals and also for self-employed people who want more detailed information in one accessible place. You can find more information on starting up a business on GOV. HMRC also have e-learning packages available online and run regular webinars which you can join to help you to get started when self-employed. Skip to main content. How do I register for tax and National Insurance?

Updated on 12 May Why do I need to register as self-employed? I am self-employed. How and when do I register? You can register in several ways: Online on GOV. Example Novak started trading on 1 January I am already registered for Self Assessment and I am now starting self-employment.

What do I do? When you become self-employed you still need to let HMRC know this by the 5 October deadline see the section above but as you will be in the Self Assessment system and have a Unique Taxpayer Reference UTR already, you need to enter these details in the section of the form CWF1 which asks: Have you previously registered for Self Assessment? What happens if I do not register or register late? I do not know my National Insurance number.

How do I register? What happens after I register? How do I know how much NIC to pay? What happens if I stop trading? What should I do if I registered as self-employed but did not actually start my business? Where can I find out more information? HMRC publish a range of useful guides that give further information about starting a business.

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Register for and file your Self Assessment tax return

Click here to view our support centre. Informing HMRC as soon as your situation changes is imperative to ensure the correct amount of income tax and National Insurance is paid. Complete the form with details of your business or self employment and return to HMRC to ensure you receive a Unique Taxpayer Reference number, which should be used in all correspondence with HMRC, and to file online. If you are starting self employment after 6th April , you must inform HMRC by 31st January that follows the end of the relevant tax year. Form CWF1 should be completed even if you have previously completed a Self Assessment tax return, giving details of your new business. Completion and submission of the form in a timely manner will ensure the correct amount of tax and National Insurance is paid. Delay in notification may also affect your entitlement in future to state pension and certain benefits.

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How do I register for tax and National Insurance?

Are you planning to become self employed? Or are you starting your own business? This is necessary to ensure you are charged with right amount of income tax and National Insurance Contributions. However, in case you are registering for self assessment but are not self employed, you will fill SA1. CWF1 should only be used by sole traders and all individual partners in a partnership.

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