Painless, fast and done for you by an accredited accountant. No more worrying about making a mistake.
We’ll sort your tax return for you – and with a 10% discount too!
Nobody likes doing taxes. They’re complicated and the tax jargon is just ridiculous.
We’ve partnered with Wishu to offer a 10% discount to their creative freelancers and sole traders, where you get an accredited accountant to do your Self Assessment, answer all your tax questions and take it off your plate.
And we mean a few. After a couple of minutes of answering questions online we’ll have everything we need to start preparing your tax return.
That’s right, you’ll be matched with a real, accredited accountant who is best suited to prepare your return. Plus, they’re on hand for questions whenever you need.
Once you’ve signed off your return, your TaxScouts accountant will submit your return with HMRC for you.
That’s it! We told you it was simple.
It’s a simple online process. Fast, efficient and a whole lot less scary than doing it yourself.
No more worrying about missing a rebate or making a mistake. Get your return drafted by a real, accredited accountant.
It doesn’t matter how complicated your situation is or how much you earn. All for a flat fee.
Filling out your annual return needn’t be taxing. This start-up aims to take the pain out of many people’s biggest headache.
The Times
You’re not alone. If you’ve got a question we’ve probably heard it before and have an answer. Or we can walk you through what to do.
You can claim pretty much everything that you use “for business”:
For most of these things, you need to calculate what proportion you actually use for your self-employed business.
Your UTR number is a Unique Taxpayer Reference that you get when you register for Self Assessment.
It consists of 10 digits (sometimes with a letter K at the end) and is issued to you by HMRC.
Check out our guide to getting a UTR.
If you’re self-employed, you can get up to £1,000 each tax year as a tax-free allowance. This is called the Trading Allowance.
Basically:
Most people do not need to file a Self Assessment because they are taxed at source. But there are a few reasons you may need to complete a tax return:
Check out more reasons you may need to submit a Self Assessment
When it comes to Self Assessment mistakes, we’ve seen them all. Here are a few you’ll want to avoid:
Read more about these and other mistakes you can avoid
Making Tax Digital (MTD) is an HMRC initiative that is meant to replace annual Self Assessment tax returns by requiring you to report your income and expenses quarterly instead of once per year.
For the 2019/2020 tax year, only limited companies and self-employed people earning over £85,000 and who are already registered for VAT have to join the MTD scheme. So, in reality, most people don’t need to worry about it for a while.