Completing a Self Assessment How Self Assessment works for self-employed musicians, and time limits to adhere to. Last updated: 05 April 2025 Self Assessment and the current year basis There are two stages to self-assessment: Completing your tax return, detailing all your taxable income for the tax year and claiming any allowances and reliefs. Payment of the tax as calculated by 31 January. If you are unable to file your tax return online, you can complete a paper version by 31 October. The tax year 2023/24 is from 6 April 2023 to 5 April 2024. Notification that you need to file an income tax return is usually sent out in April each year. Your tax return should be submitted online. There is no fee for filing through the official HMRC website - beware of unofficial sites that try and charge you. Self-employed musicians are taxed on earnings in the current tax year. Self Assessment time limits There are strict time limits for filing tax returns, with fixed penalties automatically enforced if they aren’t adhered to. Tax Advice for Members provided by Musicians’ Tax Advisor We work with Musicians’ Tax Advisor, a firm of specialist Chartered Tax Advisor’s to support members with all aspects of tax, accounting and bookkeeping. MU members can receive straightforward tax advice from Musicians’ Tax Advisor as a benefit of membership. This isn’t a replacement for a tax advisor and doesn’t cover complex or time-consuming issues. You can contact Musicians’ Tax Advisor by submitting this enquiry form: Submit Tax enquiry. Contact the Musicians' Union today The MU has a network of experienced teams available to help musicians in all areas of the industry. If you have any questions about our services, membership or how the MU could help you, please don't hesitate to get in touch. Contact the MU Member services Tax Investigation Insurance Claim a fee reimbursement of up to £100,000 in the event of a HMRC investigation or dispute. Read more about Tax Investigation Insurance Personal Accident Cover Claiming financial benefits in the event of an accident at work Read more about Personal Accident Cover Financial Assistance Grants and funds you can access when you are an MU member. Read more about Financial Assistance
Tax Investigation Insurance Claim a fee reimbursement of up to £100,000 in the event of a HMRC investigation or dispute. Read more about Tax Investigation Insurance
Personal Accident Cover Claiming financial benefits in the event of an accident at work Read more about Personal Accident Cover
Financial Assistance Grants and funds you can access when you are an MU member. Read more about Financial Assistance