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DEPARTMENT OF FINANCE & MANAGEMENT Reassessment of Internal Control Fiscal Year 2016 April 2016 Department of Finance & Management FY 2016 Reassessment of Internal Control Table of Contents Page Commissioners
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Self-assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax.
Individuals, self-employed individuals, and some businesses are required to file self-assessment tax returns.
You can fill out self-assessment tax returns online or by using paper forms provided by HMRC.
The purpose of self-assessment is to declare your income, capital gains, and claim any tax allowances or reliefs you are entitled to.
You must report details of your income, expenses, tax reliefs, and any other relevant information about your financial affairs.
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