Tag Archive for Self-assessment

Six reasons to tackle your self-assessment tax return early

There are a lot of perks to being self-employed, from flexible hours and being your own boss, to the privilege of working from home in your pants. There are some definitely some drawbacks to freelance life though, and one of these can be the annual filing of the self-assessment tax return. Unless numbers are your
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Avoid self-as-stressment next year: Get your books in order now

If you left it until the last minute before tackling your self-assessment tax return, it’s highly likely that you found yourself very stressed during the lead up to the January 31st deadline. You’re not alone, either. Every year HMRC estimates that around one million people miss the deadline completely while many more end up filing
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Four things to remember if you miss the self-assessment deadline

January 31st has just passed, which means that self-assessment season is over for another year. But if you’re one of the million or so people who didn’t get your tax return filed on time, you may be worried about what happens next, and what steps you can take to complete your self-assessment and that you
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Vast majority of self-employed are unaware of the end of self-assessment

With the tax self-assessment deadline fast approaching on January 31st, many tax payers will be preparing to submit their return on time, or risk facing a penalty. Not everyone is a fan of this process, finds a study by 1Tap Receipts, with more than half (55 per cent) of those who have to submit a tax
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SMEs urged not to delay when registering self assessment

Freelancers and micro-business owners who have yet to register their business with HMRC are rapidly running out of time if they want to get their Self Assessment tax return submitted to HMRC, FreeAgent warns. The company – who provide award-winning cloud accounting software for freelancers, micro-businesses and their accountants – warns business owners that failing to register
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Why the Christmas holidays are a great time for your self-assessment

For many small business owners, the festive period represents a chance to briefly down tools and get some respite from the rigours of self-employment. But in addition to being an opportunity for some well-deserved downtime, the Christmas holidays can also be a great chance to take advantage of a quiet period in your business and
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Make sure you don’t miss the self-assessment deadline

The deadline for those who complete their self-assessment tax return on paper is approaching fast, warns the Association of Chartered Certified Accountants (ACCA). Forms must be returned to the taxman by October 31st and, with self-employed people now accounting for one in seven of the UK workforce, Chas Roy-Chowdhury, ACCA head of taxation, is keen to
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