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
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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
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If you are even just a little like me, you might find today gives a little unfamiliar feeling. That you should be doing something that just might be important. Only, you can’t quite put your finger on what that something is. That is, until it
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Many UK landlords, possibly you included, do their own annual Self Assessment tax returns, even though it’s a task that most dislike. It’s boring and it takes up precious time you would rather spend doing anything else. But you can save a few quid if
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According to HMRC, 11.7m taxpayers filed their 2021-22 Self Assessment tax return before the midnight 31 January 2023 deadline. About 800,000 filed on deadline day, with 36,000 doing so within the final hour. Talk about leaving it late. Some will no doubt have been surprised
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Like most other sole traders, your life is probably busy and stressful enough without having to worry about something else. However, there’s no avoiding the fast-approaching Self Assessment tax return online filing deadline, which each year is midnight on 31 January. Gulp. Here’s the lowdown
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Having to pay tax on your hard-earned income is certainly one of the less-welcome aspects of being a self-employed sole trader or freelancer. It’s made slightly more palatable by the fact HMRC allows you to claim a wide range of expenses (hence “allowable expenses”), which
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Renting out property continues to offer an excellent return for millions of people in the UK. Most are ordinary folk who earn extra income from renting out one or two properties, with few having larger rental property portfolios. There are about 2.75m unincorporated private landlords
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It’s an all too familiar scene for many sole traders, landlords and other Self Assessment taxpayers. Despite leaving it until a week or two before the online-filing deadline on 31 January, you’re not too worried about completing your Self Assessment tax return. What could possibly
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First UK Landlord Self Assessment Tax Return. Here are 21 things you need to know. So, you’ve recently joined the ranks of the UK’s 2.6m private residential landlords and need to report taxable rental income via Self Assessment? You might be slightly worried about having
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