Self Assessment and Tax Return

Who is this course for?
This course has been specially designed for small business owners at all stages—whether you’re pre-start, newly trading, or well established. If you’re unsure about how the Self Assessment process works or want to make sure you’re fully prepared for the 31st of January deadline, this course will provide you with the clarity and guidance you need. It’s perfect for sole traders, freelancers, and anyone earning untaxed income who may need to file a Self Assessment tax return.

Overview:
The Self Assessment process can feel confusing, especially for first-time filers. This course breaks it down into manageable steps, so you can confidently identify whether you need to file a tax return, understand how to register with HMRC, and know what’s expected when submitting your return. We’ll also highlight what counts as allowable business expenses and explain important deadlines, penalties, and payment options. You’ll leave this session with a clearer understanding of your responsibilities and fewer worries when tax season arrives.

Agenda:

• Do I need to file a Self Assessment tax return?
• Where to start and how to register
• Key dates and deadlines
• Allowable business expenses explained
• Completing the return
• Avoiding penalties
• How and when to pay
• Do I need an accountant?

This course will ensure you’re ready, informed, and stress-free when it comes to managing your tax return.