Self Assessment Guidance
A Self Assessment tax return can look daunting, our dedicated guidance notes have been created to get you prepared, organised and understand what you're being asked for by HMRC.
We provide comprehensive guidance articles on various self assessment topics, equipping you with the knowledge you need to make key decisions.
Our guides help you determine what self assessment is, how to register and who has to register. Whether you simply want to enhance your knowledge on self assessment or already operate as a sole trader, our detailed articles provide the insights you need.
Most Searched Self Assessment Income Topics
How to Pay Self Assessment Tax
Once your return is submitted, the next step is payment. Learn how to pay Self Assessment tax, including deadlines, methods, and what to do if you can’t afford it.
How to Register for Self Assessment
Before you file, you need to be set up with HMRC. Discover how to register for Self Assessment, whether you're self-employed, a landlord, or earning untaxed income.
What Is Self Assessment?
Self Assessment is how you report income not taxed at source. Find out what Self Assessment is, who needs to do it, and how it works.
Do I Need to Do a Self Assessment?
Not everyone does but many people miss the signs. Learn whether you need to do a Self Assessment, based on your income sources.
What Is SA302?
An SA302 is a tax summary document often requested by lenders. Find out what an SA302 is, and why you might need one for a mortgage.
How to Get SA302
You can download your SA302 directly from your HMRC account. Learn how to get your SA302, and what to do if it doesn’t show up.
Do Self-Employed Pay National Insurance?
Yes and you may pay two different types. Discover whether self-employed people pay National Insurance, and how it’s calculated.
What Expenses Can I Claim as Self Employed?
Claiming allowable expenses reduces your tax bill. Learn what expenses you can claim as self-employed, including common costs like home office, travel, and tools.
How Much Can I Claim for Laundry Expenses Self-Employed UK?
Uniform and workwear costs may be deductible. Find out how much you can claim for laundry expenses if you're self-employed in the UK, and what HMRC allows.
When Does the Tax Year Start and End?
Understanding tax deadlines is essential for filing and planning. Learn when the UK tax year starts and ends, and what it means for your Self Assessment.
Can You Go to Jail for Not Paying Taxes UK?
HMRC has serious powers but prison is rare. Discover whether you can go to jail for not paying taxes in the UK, and what happens if you ignore your tax bill.
Help is Just a Message Away
At Towerstone Accountants, we’re committed to providing exceptional service and tailored advice to meet your personal and business financial needs. Whether you’re looking for help with tax planning, bookkeeping, or corporate accounting, our team is here to assist you.
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