Need help with your tax return?
Get your self assessment prepared for you online by certified accountants for £119
If you’re a sole trader, there are a ton of self-employed allowances that you can use to pay less tax.
You can claim the first £1,000 of income from self-employment as a flat tax-free allowance.
You won’t be eligible to claim other expenses, though (including the allowances listed below).
Still, for most self-employed people this is more than their expenses.
Plus, no more receipts.
If you work from home, you have two options:
| Hours of business use per month | Flat rate that you can claim |
|---|---|
| 25 – 50 hours | £10 per month |
| 51 – 100 hours | £18 per month |
| More than 101 hours | £26 per month |
If you don’t want to keep track of every receipt related to your car (insurance, repairs, fuel, etc.), you can just opt for “simplified expenses” and use this flat rate instead:
| Vehicle | Flat rate per mile |
|---|---|
| Cars and goods vehicles first 10,000 miles | 45p per mile |
| Cars and goods vehicles after 10,000 miles | 25p per mile |
| Motorcycles | 24p per mile |
Yes.
All of these self-employed allowances are on top of the general allowances:
You can just claim them through your Self Assessment tax return.
Get your self assessment prepared for you online by certified accountants for £119
Our online tax-bot will go over your tax situation and will make sure you won’t overpay your taxes.
You can talk to one of our tax assistants at any time during the process when you have any questions.
We’ll tell you exactly what documents you need and sort them for you online. You just upload them or snap a picture with your phone.
Your certified accountant will go over your details & prepare your tax return for you to review. It will be filed on your behalf once you approve it.
We have a simple online service that guides you through the entire process. Regardless of your reasons for doing your tax return we'll help you get it done right.
We'll prepare your self assessment and help to maximise your CIS tax refund. We have the lowest fees in the industry and you don't have to pay up front if you're eligible for a refund.
Our service allows people living abroad to prepare their income tax return online. We are able to process all returns regardless of your current country of residence.
UK company directors are required to file their self assessment annually. TaxScouts handles this through a simple online process.
Long Lets, Airbnb, Capital Gains. TaxScouts will sort out your self assessment and take away the worry of tracking all the recent tax changes.
TaxScouts ensures the self employed don't overpay on their taxes. We'll help you benefit from all the tax breaks and deductions that can be applied to your return.
At TaxScouts we appreciate that tax returns are highly individual. Before you get assigned an accountant we make sure to understand your circumstances and help you build your optimal tax profile.