Registering for Taxes
The first step in navigating the UK tax system is to register for taxes. All UK taxpayers must be registered with HMRC to pay taxes. This can be done online or by post. Once registered, taxpayers will receive a Unique Taxpayer Reference (UTR), which will be needed when filing tax returns.
Filing Tax Returns
Once registered, taxpayers must file an annual tax return. This will provide HMRC with all the necessary information about a taxpayer’s income and other financial information. Taxpayers may either submit their return online or by post.
Taxpayers can pay their taxes either online or by post. HMRC also offers a variety of payment plans, such as Direct Debit, to make it easier for taxpayers to pay their taxes.