10 min read If you’ve recently gone self-employed, started freelancing, renting out a property, or picked up a side hustle—you’re now required to complete a Self Assessment tax return. It might sound intimidating at first. HMRC, UTRs, allowable expenses… where do you even begin? Take a deep breath. Filing your tax return is […]
Category Archives: Self Assessments
30
Sep
Sep
10 min read Running your own business is exciting. You get to set your own hours, choose your clients, and build something you care about. But with that freedom comes a little less glamorous side: dealing with tax. If you’re self-employed, a sole trader, or even running your own limited company, it can feel […]
28
Jan
Jan
10 min read Are you a freelancer in the UK? Are you confused about how to handle your taxes and finances? Don’t worry! This blog post will explain the Self Assessment process for freelancers. Understanding Self Assessment is essential to help you meet your tax obligations and follow HMRC rules. If you want to manage […]
28
Jan
Jan
10 min read As a non-resident landlord owning property in the UK, it’s essential to understand your tax obligations to avoid any unforeseen penalties and ensure compliance with UK tax laws. One of the most important processes for you to understand is Self Assessment, the primary method through which you report your UK property income […]
27
Sep
Sep
10 min read Being an influencer can be exciting and rewarding, but with great media fame comes tax responsibility. The income from brand partnerships, social media platforms, and other ventures makes you liable to complete a Self Assessment tax return. In contrast to conventional salaried jobs where taxes are automatically withheld through PAYE, influencers […]
04
Oct
Oct
As an individual service provider or business owner, you will need to undertake filing a Self Assessment tax return. Your business must be in full compliance with the tax laws, which can apply in various ways depending on the size of the company you are running and the exemptions your industry is eligible for. […]
Business Challenges, Self Assessments, Taxation
What if I can’t pay my Self Assessment Tax in full by April 1st?
15
Mar
Mar
If you missed the payment deadline for Self Assessment on 31st January, there’s good news. HMRC are giving you more time to pay your Self Assessment Tax due to the impact of Covid-19. Although the deadline didn’t change in 2021 despite the financial hardship faced by many businesses in the Covid Crisis, taxpayers […]
Self Assessments, Tech
If your Self Assessment tax return was painful and time consuming, it’s time to get set up on 1tap receipts
29
May
May
When you’re a sole trader running a small business, your time is your most valuable resource. You can make small changes in your business to manage your most valuable resource more effectively.
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Get in touch with Golding Accountancy for guidance on the ins and outs of accounting, taxation and financial management? Let’s hang out and chat about it – it’s on us!
PS: We love biscuits.
Or, email us at info@wearegolding.com
Or, email us at info@wearegolding.com
