Self Assessment Guides

From HMRC registration, self-assessment and tax returns to deadlines, use these guides to take you through the basics every self-employed business owner needs to know when it comes to handling their taxes.

Coronavirus Support

The Chancellor has announced various schemes to financially support businesses that have been adversely affected due to the Coronavirus pandemic:

Self Assessment Basics

If you’re a self-employed small business who is new to self-assessment and looking for a jump start, then check out these articles to learn the basic self-assessment terms, about the registration process and deductions available:

Claiming Business Expenses

From clothing and cars to your home office, these guides will introduce you to the basics of allowable expenses and what you can and can’t claim against your taxes. Read these guides to make sure you’re claiming everything you’re entitled to and reducing your tax bill:

Bookkeeping and Record Keeping

Find out what tax record your need to keep for your business, how to store and set up a bookkeeping system:

Tax Returns

If you’re ready to declare your income and pay your tax, these guides will take your through the basics of tailoring your return, filling it in online and help you understand what happens next:

Self Assessment Penalties

If you’ve missed a tax payment or filing a return, then read these articles to help you understand the different penalties, interest and fines you may be liable for:

Anita Forrest
About Anita Forrest

Anita Forrest is a Chartered Accountant, spreadsheet geek, money nerd and creator of - the UK small business finance blog for the self-employed community. Here she shares simple, straight-forward guides to make self-employment topics like taxes, bookkeeping and banking easy to understand.