#selfemployeduk

Are you a UK freelancer, contractor, or sole trader worried about missing tax deadlines? Understanding when and how to submit your Self Assessment tax return is crucial to avoiding fines and unnecessary stress. This straight forward guide covers all the key dates from 5 October to 31 July, explains payments on account, and reveals the most common mistakes that trip people up. Get organized, stay compliant, and keep more of your hard-earned money.

CIS tax doesn't have to be complicated. Find out how deductions work, what expenses you can claim, and how to get your CIS tax refund without the stress. A complete guide for UK subcontractors. Read now

Reforms to the tax system

which will come into force by 2023, make it easier for small businesses to fill out their returns.

Businesses will be taxed on profits arising in a tax year, rather than profits of accounts ending in the tax year.

It should help them spend less time filing their taxes, especially when a business starts and draws up its accounts to date different to the end of the tax year.

The declaration for self-employed income will be aligned with other forms of income, such as property and investment income.

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