Self Assessment Tax Return UK in 2022 | 4 Steps to Get Prepared

Self-assessment in 2022 and 2023 season is upon us again 😱 , and if you are required to do so, your personal tax return needs to be completed, submitted and paid up by the 31st January 2023. I know for many of you self assessment tax return fills you with dread and anxiety, perhaps just though of going through the process more than anything else!
Not to mention the taxes you may owe and have to pay too!

🌏 If you're looking for a STEP by STEP guide as to how to complete your self-assessment return then my 'step by step' walkthrough video is for you → https://youtu.be/OSOtg8wT_R4

🌏 If you're looking for a recommended, stress free and reliable Self-Assessment Tax Return Service, then I recommend Tax Scouts - get 10% discount (on the £149 fee) with my affiliate link here → https://adtr.co/LxepRE

I do earn commissions for each sign up via my affiliate link - it is highly appreciated and the funds are used to produce videos and grow this channel so I can continue to add value to you, your finances and your life.
⏱️ Time Stamps:
0:00 - Intro
1:00 - Do you need to complete and submit a SA tax return?
2:48 - Timelines, deadlines and payments
4:21 - Penalties and interest (for late submission and payment)
5:26 - 4 step approach to prepare for your upcoming self-assessment return

🔍 Links connected this video:
Accounting & Tax Academy Free Membership Site → https://aidhanfinancial.com/accountin...
Get help with your self assessment return at https://aidhanfinancial.com/tax-returns/
HMRC 'Do I need to complete a return?' checker: https://www.gov.uk/check-if-you-need-...
HMRC late payment / filing penalties calculator: https://www.gov.uk/estimate-self-asse...

My 4 Step Approach

Step 1 - Register for self assessment. https://www.gov.uk/register-for-self-...
Step 2 - Get your Unique Taxpayers Reference (or UTR for short)
Step 3 - https://www.gov.uk/log-in-register-hm...
Step 4 - Get organised!

★☆★ Our ONLINE Self-Assessment Courses ★☆★

🎓 Self-Assessments - The Basics + Buy To Let Property Income
(so if you are employed and rent out a residential property or few, then this is must watch)
🌏 https://accountingtaxacademy.com/courses-2/

🎓 Self-Assessments - The Basics + Side Hustle
(so if you are employed and run a side hustle business, this is ideal for you)
🌏 https://accountingtaxacademy.com/courses-2/
★☆★ A BIT ABOUT ME (Tony D) ★☆★
I am s qualified accountant of 23 years. I was born and raised in London (UK) all my life, a City I truly love.
I've held numerous positions, across various industries throughout my career in finance functions and I have also banked the experience of creating and running my own business(es) for 9 years, both of which I exited recently.
My passion is now to educate, inspire and empower YOU by imparting, sharing and coaching you through my knowledge, skills, experience and most importantly wisdom.

★☆★ CONNECT on LINKEDIN ★☆★
https://www.linkedin.com/in/tony-dhanjal-b0b7b319

★☆★ MY MISSION ★☆★
Me & my team are dedicated to helping and empowering YOU to 'Know Your Numbers' so you can make calculated and informed decisions in your business, company and personal finances towards your definition of success.

★☆★ MY PHILOSOPHY ★☆★
If you take care of your numbers (finances), your numbers will take care of you, your family and those you value the most.

🔴 DISCLAIMER
My videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers. They in no way constitute specific advice to your specific circumstances. Me & my team would be delighted to help you with your specific queries or accounting requirements through a formal engagement.

#self-assessment tax return #self assessment walkthrough #self-assessment

Видео Self Assessment Tax Return UK in 2022 | 4 Steps to Get Prepared канала Tony D | The Chief Finance Officer