12 Self employment tax return mistakes to avoid

12 costly mistakes made on Self employment tax returns

12 costly mistakes made on Self employment tax returns – Watch here https://youtu.be/Puy1QVs78DA

Self employment tax support from HMRC: https://www.gov.uk/government/publications/self-assessment-self-employment-full-sa103f

Claim capital allowances against your taxable income: https://www.gov.uk/capital-allowances

Research and development costs – tax relief at 230%: https://www.gov.uk/guidance/corporation-tax-research-and-development-rd-relief

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In this video you will learn from Simon Misiewicz, your property tax specialist, of Optimise Accountants

▶ What is the difference between the accruals and cash basis for self employment tax returns?
▶ What common mistakes are made when submitting self assessment tax returns to HMRC?
▶ Should you include VAT in the self employment income on your tax return?
▶ Why is it important to keep your receipts and documents when completing and submitting your self employment tax return to HMRC?
▶ Can you claim capital allowances or research and development (R&D) costs in your personal self employment tax return?
▶ Can you include previous years losses in your self employment tax return?

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#HMRC #Tax #SelfEmployment

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Our accountancy and tax services:
To see how we can help you – download our sales brochure here:
www.optimiseaccountants.co.uk
Monthly fees inclusive of VAT
• £89.95 1 X self assessment tax returns
• £99.95 2 X self assessment tax returns
• £99.95 per month inc VAT for 1 X limited accounts and tax returns
• £139.90 1 X limited company accounts and 1 X self Assessment tax returns
• £159.90 1 X limited company accounts and 2 X self Assessment tax returns

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Prefer a one off tax consultation?

On the tax call you and a qualified property tax specialist will spend the following time working for you as follows:

Before the call: We will go through the questions that you have already set and create a solutions document. If you wish to send more details then feel free to do so.

During the tax call: We will discuss all the solutions that have been prepared before the call. We will run through each one and choose the right one for you.

After the meeting: We will send you an email with the documented solutions, which will be backed up by links to HMRC and tax law. We will also send you the link to the video recording so that you can review our discussion.

Post meeting support: We would ask that you send an email with an action plan that you are looking to undertake as a result of our call. We would also like to see your questions that you have after our call. We can then respond within three working days.


• 30 minute tax call with any member of our tax advisors will cost £198.75 from the usual price of £265
• 60 Minute call with Simon Misiewicz, will cost £746.25 from the usual price of £995

Use code “YoutTube25” to get 25% discount - Book a tax saving call here:
https://www.optimiseaccountants.co.uk/
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Other important links

Call to discuss our retained tax services or book a tax call
https://www.optimiseaccountants.co.uk/

Calculate and save tax today:
https://www.optimiseaccountants.co.uk/tax-calculators/

Видео 12 Self employment tax return mistakes to avoid канала Internatinal Tax & Property Tax