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Home > QFINANCE Dictionary > Definition of self-assessment

Definition of

self-assessment

Tax

UK system allowing taxpayers to estimate taxes owed in the United Kingdom, a system that enables taxpayers to assess their own income tax and capital gains tax payments for the fiscal year

self-assessment - Related Articles
  • Robin Mann

    Biographies

    Dr Mann’s experience includes managing the UK’s Food and Drinks Industry Benchmarking and Self-Assessment Initiative (1995–98), the New Zealand Benchmarking Club (2000–04), the Sheikh Saqr Government Excellence Program, UAE (2005–07), and leading TRADE benchmarking projects in Singapore (from 2007 on

  • Adopting an Internal Audit Capability Model

    Checklists

    An internal audit capability model (IACM) provides a framework for assessing the quality, impact, and cost-effectiveness of an internal audit activity. It also identifies the fundamentals needed for effective internal auditing and describes the levels and stages through which internal audit activity

  • Calculating Your Total Economic Capital

    Checklists

    losses for each risk category. The more detailed the calculation, the better, but you may find that you do not have sufficient data to do more than a simple assessment. Next determine the probability and severity of such losses. Use a VaR model for market price risks, and self-assessment for operational

  • Corporate Governance and Its Interpretations

    Checklists

    the committee’s areas of competence? Conduct a self-assessment periodically to help match expectations and actions. How effective is the risk-assessment program, how successful is the internal governance control, and are managers held accountable? Does the board and/or audit committee receive adequate

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Definitions of ’self-assessment’ and meaning of ’self-assessment’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’self-assessment’ and other financial terms with our online QFINANCE Financial Dictionary.

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