2024/25 Self Assessment Guides and News

Self Assessment can be quite daunting, particularly if you are filing your Self Assessment for the first time. Our suite of Self Assessment guides is designed to provide insight into the self assessment process and explores tax relief options which are available to you when completing your self assessment tax return for the 2024/25 tax year.

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Getting Started

1. What is Self Assessment?
2. Who needs to file a Self Assessment tax return?
3. Accountants and Self Assessment
4. Making changes to your Self Assessment tax return.
5. Common Self-Assessment Tax Return mistakes
6. Self-Assessment Tax Return dos and don'ts

Tax Codes Explained

1. Tax codes and their meanings
2. Understanding your tax code
3. What is the UTR?
4. How do I check my tax code?
5. How do I correct my Tax Code?
6. Avoiding common self-assessment tax return errors

Contractors and Freelancers

1. Capital Allowances Introduction
2. Capital Allowances Explained
3. Cash Basis Accounting
4. Freelancing in the UK
5. Limited Company Pros and Cons
6. Self Employed Expenses
7. 'Sole Trader' Explained
8. 'Uniform Tax' Explained
9. Income Tax and NICs for a share fisherman
10. Sole Trader Tax Tips
11. Universal Credits for the self-employed
12. Tax return - Common mistakes
13. Tax tips for limited companies
14. Workplace Pensions for staff
15. Improving your IR35 position
16. Construction Industry Scheme (CIS) subcontractor
17. P60 explained
18. Payslips Explained
19. VAT Flat Rate Scheme
20. Tax on Pensions Part 1
21. Tax on Pensions Part 2
22. Correct Invoicing
23. Employing staff for the first time
24. Entrepreneurs' Tax Relief
25. Money-saving tips for business owners
26. Mortgage interest tax relief (Buy-to-let)
27. National Insurance explained
28. Overseas pensions tax relief

Self Employed

1. Tax for the self employed
2. Do you need an accountant to do your tax return?
3. Self employed Tax and NI
4. Simplified expenses - Self Employed
5. Tax codes and their meanings
6. Tax relief for trading loss
7. What is IR35?
8. Who needs to file a tax return?
9. Claiming expenses when self employed
10. Registering For VAT
11. Dividend Tax Guide

Tax Relief

1. Bad Debt Relief
2. Capital Gains Tax
3. Cutting savings and investments tax bill
4. Junior ISAs
5. Personal allowance
6. Personal savings allowance
7. Rent a room relief
8. Salary Sacrifice FAQ
9. Salary sacrifice scheme
10. Savings and Investments taxes
11. Student loan repayments