In the UK, Self Assessment is HMRC’s method of collecting Income Tax from individuals whose income is not taxed automatically at source. This includes those […]
Self Assessment tax return
Tax Return Disasters: Excuses So Bad They’re Almost Genius
Missing the Self Assessment tax return deadline happens — sometimes for unavoidable reasons. HMRC provides some flexibility for genuine circumstances. But every year, a number […]
How to Submit Your Tax Return Online from a Mobile Device
Completing a Self Assessment tax return was once a rigid, manual process that demanded your time, attention, and usually a desk covered in paperwork. The […]
What Happens If You Make a Mistake on Your Self Assessment Tax Return?
Filing a Self Assessment tax return can feel like a major accomplishment, especially as the submission deadline approaches. But many people hit submit too quickly, […]
Freelancer Accounting 101: Smart Financial Record-Keeping Tips for Tax Season
Freelancing has gained substantial momentum in the UK workforce. With approximately 1.9 million individuals working as freelancers, they now represent nearly 46% of the solo […]
How Filing Your Tax Return Early Could Lower Your Tax Bill
Many people breathe a sigh of relief after submitting their Self Assessment tax return, quickly pushing it out of their minds for another year. It’s […]
How to Avoid Common Errors in Complicated SA100 Tax Return Sections
Completing your SA100 Self Assessment tax return can feel like navigating a maze, especially if you’re not an accountant, don’t work for HMRC, or haven’t […]
Avoid Penalties: How to Legally File Your Self Assessment Tax Return in the UK
Filing your Self Assessment tax return is a legal obligation for millions of UK taxpayers, particularly those who are self-employed, company directors, or have multiple […]
Essential Tax Return Tips Every Sole Trader Should Know
If you operate as a sole trader and your earnings exceed £1,000 in a tax year, registering with HMRC as self-employed is a legal obligation. […]
Avoid These Common Self Assessment Pitfalls When Filing Your Tax Return
Self Assessment tax returns can be challenging, especially if you’re new to the process. Whether you’re a sole trader, a partner in a business, or […]
SA104 Partnership Schedule: Maximise Accuracy in Your Self Assessment Return
Filing a Self Assessment tax return as a partner in a business can be complex and time-consuming. The responsibilities involved in reporting partnership income often […]
Reasonable Excuses for a Late Tax Return: What HMRC Will Accept
Filing your Self Assessment tax return on time is one of the most fundamental responsibilities for taxpayers in the UK. Each year, the deadline for […]
UK Tax Filing for Expats: When and How to Submit a Tax Return from Overseas
Living abroad introduces a unique set of financial considerations, particularly when it comes to tax obligations in the UK. While many UK nationals assume they’re […]
Still Time to File Your Tax Return? Why Delaying Can Cost You More Than a Penalty
In early 2021, HMRC made an announcement that aimed to ease pressure on taxpayers amid the ongoing disruption caused by the pandemic. The government confirmed […]
Complete Guide to Claimable Expenses on Your Self-Assessment Tax Return
Completing a Self Assessment tax return as a sole trader or small business owner in the UK can feel overwhelming, especially when it comes to […]