Do you need to send a tax return?

Self-assessment is the process of reporting and paying your income tax liability to HMRC at the end of each tax year. It’s something that most business owners will already be familiar with, as it needs to be done by self-employed people who earn more than £1,000, or...

Getting ready for self-assessment

At this time of year, the 31 January deadline for self-assessment can seem like a distant future. With plenty of time before your tax return is due, it could be tempting to put off any thought of it for the time being. But as the months go by, the last thing you’ll...