You may have heard of Making Tax Digital. You might have also have heard that it means the end of Self Assessment. As usual, the truth is a little more nuanced. But it isn’t complicated. The facts are that, in April 2024, sole traders earning over £10,000 will have to […]
Assessment
7 top tips for filing your Self Assessment tax return
Running your own business and being your own boss is a fantastic route to go down. But one task you might need to manage is filling in a Self Assessment tax return. Self Assessment is a system that HMRC uses to collect information needed to calculate how much income tax […]