Let’s talk about tax!

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Hi there!

Happy New Year! Welcome to the first blog of 2017.

To many, a new year means a new, fresh start. If you are self-employed what better way to start 2017 right than to make sure your tax and self-assessment are up to date. I know it’s not exactly the most exciting subject to talk about, but it is important.

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There is nothing worse than picking up a newspaper and seeing a full page spread informing you that your tax return deadline is around the corner. No one needs that kind of stress.

Don’t panic!

I am no accountant or tax specialist, but then I don’t need to be, and neither do you. You can access all the help you need from HM Revenue and Customs (HMRC).  At GOV.UK  you can register and sign in to complete your tax return, to check what tax you need to pay and ways to pay.

As well as you self-assessment, you can sign up to have email alerts reminding you of key dates.  Emails are also sent to invite you to join relevant webinars like:

Business expenses for the self-employed

Find out what business expenses you can claim.

Simpler Income Tax for the self-employed

All you need to know to help make Income Tax easier.

How to complete your online tax return

This guides you through the self-employed pages of the tax return.

If you would like face-to-face advice about working tax credit and HMRC rules, then Enterprise Enfield offer sessions to help. You can find further information –  here.

 

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With so much information just a few clicks away, you really can’t go wrong, can you?

I hope that you have found this helpful.

I wish you a healthy and prosperous 2017!

Take care,

Tricia

 

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