self assessment

Whether you’re self-employed or managing rental properties, earning money is only half the story. The real challenge and opportunity is keeping more of it. With rising costs and increasing financial pressure, small changes in how you manage your money can make a meaningful difference over

Whether married, in a civil partnership or partners, two people in a relationship often share additional income. Most commonly, it’s from a property they rent out, but it can also come from a side-hustle business they run together, dividends they receive, savings interest or capital

Making Tax Digital for Income Tax – you’ve heard of it, right? You know how it will impact you, when it’s being introduced and how it will change things? You may even have received a letter from HMRC telling you about it. None of that

Summertime and the livin’ is easy. Well, if you’re lucky it is. If not exactly easy, then perhaps easier. Maybe it’s the warmer, dryer weather and the longer days that allow us to get more done. Life can seem a lot more chilled and less

Having just filed your 2023/24 Self Assessment tax return, hopefully ahead of the 31 January online filing deadline, you probably don’t want to have to think about your next tax return for a good while. That’s perfectly understandable. However, according to Mike at GoSimpleTax there

Well, after no less than four delays since it was first announced in 2015, it now looks like the first phase of the introduction of Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will finally go ahead at last. If you’re a

OK, so yet again you’ve left sorting out your Self Assessment tax return until far too late, despite promising yourself that you wouldn’t ever let it happen again. Tut, tut. The online filing deadline, which is midnight on 31 January, is now fast approaching and

Some 5.5m expat Brits are estimated to live outside of the UK, with 1.3m living in Australia alone. The other major English-speaking countries, New Zealand, the USA and Canada are also hugely popular with expat Brits, while a reported 400,000 expats live in Spain and

OK, admittedly, fun is a bit of a stretch. And probably the only sense of enjoyment you’ll get is when you’ve actually filed your Self Assessment tax return and it’s off your plate for another year. However, here’s what Mike at GoSimpleTax thinks you can

Mike over at GoSimpleTax provides answers to frequently asked questions about completing and filing Self Assessment tax returns for previous tax years. Why might I submit Self Assessment tax returns for previous years? A common scenario is where HMRC has issued a notice to file