HMRC Self Assessment — Sole Trader Registration

Ashley Pantry operates One Less Chore as a Sole Trader. This page documents the steps taken to ensure tax compliance from day one.

1. Registration Status

Action: Register for Self Assessment with HMRC. This must be done by 5 October following the end of the tax year in which trading began.

Registration link: gov.uk/register-for-self-assessment

Upon registration, HMRC will issue:

• Unique Taxpayer Reference (UTR) — a 10-digit number
• Activation code for your online Self Assessment account

Status: Registration to be completed. UTR: [Pending]

2. Filing Deadlines

Tax Year	Paper Return Deadline	Online Return Deadline
6 April 2026 – 5 April 2027	31 October 2027	31 January 2028

3. Payment Deadlines

• First payment on account: 31 January 2028
• Second payment on account (if applicable): 31 July 2028
• Balancing payment: 31 January 2029

4. National Insurance Contributions

As a Sole Trader, you pay:

• Class 2 NICs: Flat rate per week if profits exceed the small profits threshold (2026/27 thresholds to be confirmed).
• Class 4 NICs: Percentage of profits above the lower profits limit.

5. Record Keeping

You must keep records of all income and expenses for at least 5 years after the 31 January submission deadline. One Less Chore maintains digital records of:

• All invoices and receipts
• Bank statements
• Mileage logs
• Expense receipts categorised as per the Allowable Expenses page