Fast, effortless and 100% online.
Yes, you can of course pay your tax return online. It’s the 21st century after all. But you’d be forgiven for thinking that it was a paper-based process.
As we all know, HMRC isn’t best known for its swanky systems and breezy user journeys. Obviously TaxScouts is a smarter alternative, what with our human support, swift turnarounds and tantalisingly low cost. But here’s a guide to help you sift through the chaos on HMRC.
First and foremost, you need to make sure that HMRC knows about you and your untaxed income. To do this, you need to register for Self Assessment.
We’re glad you asked. There are indeed.
You can use an accountant to help you with your Self Assessment and then later your tax return, or you can hunt around for a smarter alternative (…ahem, not mentioning any names here).
A Traditional Accountant
This depends on why you’re doing a tax return.
For all, you’ll have to pay Income Tax and National Insurance. But the reliefs that you can claim to lower your tax bill vary for each. Also if you’re both employed and self-employed, part of the tax you owe will be deducted automatically by your employer. Any side-gigs that you’re running (that bring in more than £1000 – click here to read about the Trading Allowance) will therefore be the only streams of income where you should worry about your tax liabilities.
Click the links above to read about what tax you owe for each.
Sign up for important updates, deadline reminders and basic tax hacks sent straight to your inbox.