Starting from April 6, 2023, the thresholds for Self-Assessment change for PAYE taxpayers. This article explains the transition from £100,000 to £150,000. If your income falls within this range, HMRC may exempt you from Self-Assessment. It's crucial to be aware of other qualifying factors, especially unreported income. The article also touches on the importance of predicting profits for businesses with unconventional fiscal year endings.