5 Self Assessment Tips
Self assessments can be very stressful, but we’re here to give you the confidence and get that tax return out of the way! We cover all aspects of self assessment/personal tax returns. We can register you with HMRC if you are new to personal assessment, help you with keeping records and guide you through everything including submission and paying tax by the deadline date.
Unsure what you can claim as expenses? Don’t worry we can help with that too. Rules and regulations are constantly changing but our team keep up to date with ongoing training and HMRC communication. We can assist with tax reliefs such as the Marriage Allowance and working from home claims.
Here are a few tips to help you along the way and be prepared for when the time comes:
Record all sales/money received
Keep evidence of all expenses – even if you aren’t sure they’re allowable
Set aside money to pay your tax
Use one bank account separate from personal money
Know the deadlines