- Freelancer & Sole Trader Tax Returns -
Going forward we will be helping or clients with their self assessment tax returns by running workshops. Our aim for the workshop is to show you how manageable it is to complete your tax return once you know what you can and can't claim and the process to keep up with the information throughout the year to understand your potential liability.
This will in turn has the potential to save you money as we have written it not just to save you money but also time so that you may only need to come every few years for a top up on knowledge.
- The Process -
We’ll be in touch to show you how to request your Unique Tax Reference (UTR) and set-up your own government gateway ID to access your HMRC account online.
The workshop will take place annually in June/July, as we’ve identified this as the best time to finalise the previous the year and start on the tax year that just started in April.
We’ve identified OneTap Tax as the best app to work with or process in order to capture all income and expenses throughout the year and give you an up to date amount to save for tax.
The workshop will address the following:
What to do?
Understand the process to keep on top of your admin in ‘Small but Steady’ snippets
Understand One Tap Tax
Finalise the tax year just ended
Start the year just started
Look at the government gateway
What to look our for?
Key milestones and thresholds to look out for
- Purchase a ticket -
- FAQS -
WHAT DO I NEED TO DO BEFORE THE WORKSHOP
We’ll be in touch on how to register for self-assessment if necessary and how to set-up a government gateway ID
I CAN’T ATTEND THE WORKSHOP DATES
We only run the workshop once a year as we’ve identified it as the best way to cover and ’conquer’ two tax years if necessary - if you can’t make the date but are still interested in the service we can provide a video of the event.
WHAT IF I HAVE QUESTIONS THROUGHOUT THE YEAR
The help sections on HMRC and OneTap are good in terms of items which are claimable and getting better all the time. If you have a query about changes within your business and how this may change the process please do contact us as we are likely to be able to suggest an alternative process/system that you could benefit from.
WHAT HAPPENS NEXT YEAR
So these workshops run every June with the aim that you don’t need to attend every year once you have the process from attending the first workshop. If you sign up to or list we will keep in touch and let you know what content is new in next years workshop. The workshop includes the first year subscription to OneTap
WHAT IF ISN’t RIGHT FOR YOU?
We appreciate that this is a new way of thinking about completing you tax return, but it is an area we have been working on to keep up to date and provide the best and most up to date service we can, and as a result of keeping up to date in advances in this area we no longer complete self assessment returns alone.
WHAT IS A ‘BASIC’ SELF ASSESSMENT TAX RETURN
It is based around a sole trader businesses first and foremost but may also include entering include income from employment via a P60 when completing on HMRC online services too.
HOW MUCH DOES ONETAP TAX COST?
As part of attending the workshop the cost of the annual subscription is included. If you choose not to attend the workshop next year - no problem at all but here’s a link to give you a guide to OneTap Pricing.