514 results for "self assessment"
How does Gift Aid work?
So, how does Gift Aid work? It's a charitable donation that not only benefits the charity itself, but lets you claim tax relief back too.
Tax for a tennis coach
You may not know but if you work as a tennis coach, you will most likely be self-employed. Take a look at our tips on what you need to know.
Mileage tax calculator
Quickly calculate how much you can claim per vehicle using our Mileage Tax calculator. Cars, vans, motorcycles or bicycles. Give it a go!
Are tips taxable?
If tipping is frequent in your field of work, you may be wondering, "Are tips taxable?" In a nutshell, yes - tips are taxed.
Where to go for tax help
If you need tax help, there are a few places you can go. First of all, let’s work out what kind of help you need.
CWF1 – TaxScouts Taxopedia
A CWF1 is a form to let HMRC know that you're self-employed. You use it to register or to re-register as a sole trader.
What is a P45 form?
Leaving your job? Your employer should automatically send you a P45 form once you've left. Find out about why and when you need a P45 here.
How to claim a CIS refund
You can claim a CIS refund if you’ve had too much tax deducted under the Construction Industry Scheme (CIS).
Is there a Making Tax Digital (MTD) deadline?
...‘digitalise’ UK Tax. https://www.youtube.com/watch?v=RNeq5vqnidI If you run a small business or work for yourself, you might already be used to using HMRC’s online service to complete Self Assessment or to...
The 2023 Autumn Budget
The 2023 Autumn Budget is a statement by the Chancellor of the Exchequer revealing plans for raising and spending money for the year.
What is the 60% tax trap?
The 60% tax trap occurs when your income exceeds £100,000, causing you to lose your personal tax allowance.
Should I be paying PAYE tax?
What is PAYE and should I be paying PAYE tax? Find out the answers to these questions and more with our quick guide on all things PAYE.
Contractor – TaxScouts Taxopedia
A contractor provides services to a client (usually, a company). Their employment status is either self-employed, or an employee/worker.
Locum – TaxScouts Taxopedia
A locum is a temporary worker who fills in when permanent staff are unavailable or freelances professionally. Read more for tax liabilities.
Wage taxes – TaxScouts Taxopedia
Wage taxes are not a formal term in the tax world.When we talk about wage taxes, it’s most likely referring to the taxes that we pay from our income.
How to file a tax return
Want to know how to file a tax return? It can be a point confusion among the newly self-employed, but it’s not as complicated as you think.
Self-employed accounting guide
Figuring out what accounting method to use when self-employed can be tricky. Here are the some things that you'll want to look out for!
Can you use Excel for Making Tax Digital?
...complete Self Assessment or to pay VAT. Like many companies and sole traders, you also might use spreadsheets to keep track of your tax and earnings. As part of the...