Doing your own self assessment? Here’s everything you need to know! From HMRC registration, self assessment and tax returns to deadlines, these guides to take you through the basics every self-employed business owner needs to know when it comes to handling their own taxes.
The tax return deadline, normally 31 January each year, has been extended to 28 February 2021 for this year only in response to the number of people struggling to file their tax return in these unprecedented times.
If you’re filling in your tax return, the traditional accounting can benefit you in certain circumstances or cause you to pay more tax. Find out more about this way of accounting and alternatives if you think it is making you pay extra income tax.
How to claim the averaging adjustment, why authors, writers and artists are entitled to it and how it helps even out fluctuating tax bills.
A jargon-free guide to the annual investment allowance including how AIA works, what types of purchases qualify and how to claim it from HMRC
If you are submit your tax return before 30 December and are employed you can elect to pay any outstanding tax through your PAYE code.
Use this sole trader tax calculator to estimate your self-assessment tax liability, including your payment on account.
Read this guide to check whether you need to register with HMRC and complete an annual tax return form to declare your earnings.
Nearly 1 million taxpayers missed the self assessment deadline for 31 January 2020. Here’s what happens next…
Gift aid is a UK tax incentive scheme that allows charities to claim back an extra 25% on eligible donations made to them. In some cases, the taxpayer making the donation can also claim a tax rebate on their tax return.
In this step-by-step guide, you’ll find everything you need to know to fill in your tax return online and beat the HMRC deadline.