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Ask Your Own Question, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 7026
Experience:  FCCA - over 40 years experience as a qualified accountant (UK based Practitioner)
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My son started work on a elf employed basis in July 2018 but

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My son started work on a elf employed basis in July 2018 but hasn’t registered as self employed with HMRC. He’s ready to do a self assessment form for 2018-2019 in January. Will he have to pay a penalty for not registering
JA: Are you filing as a sole proprietor or independent contractor?
Customer: Sole proprietor I assume . He’s a courier
JA: Anything else you want the Accountant to know before I connect you?
Customer: No that’s it thanks

Hello and welcome to JustAnswer. I am here to help you. I am reviewing your question and will respond to you shortly.
Many thanks

Thank you for your question.

Provided your son reports income from self employment on his self assessment tax return for 2018-19 before 31 Jan 2020 there would be no penalties to pay. He would have reported the income in the correct tax year and on time.

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