What to do if you're stressing about your freelance tax return
Quick summary:
1. For claiming expenses, be aware that you can claim additional tax relief on money paid into private pensions, gift aid charity payments, woking from home tax relief, and choosing the correct mileage rate.
2. So, we spoke to seasoned tax experts and accountants to work out what exactly you need to know about doing your tax return.
3. Many people file tax returns at the last minute, leading to errors that can sometimes translate into expensive penalties or fines if they have underdeclared their tax or filed too late
#biyro #incometax #blackbusiness #cpa #construction
More: https://biyro.com/blog/freelance/what-to-do-if-youre-stressing-about-your-freelance-tax-return/
Quick summary:
1. For claiming expenses, be aware that you can claim additional tax relief on money paid into private pensions, gift aid charity payments, woking from home tax relief, and choosing the correct mileage rate.
2. So, we spoke to seasoned tax experts and accountants to work out what exactly you need to know about doing your tax return.
3. Many people file tax returns at the last minute, leading to errors that can sometimes translate into expensive penalties or fines if they have underdeclared their tax or filed too late
#biyro #incometax #blackbusiness #cpa #construction
More: https://biyro.com/blog/freelance/what-to-do-if-youre-stressing-about-your-freelance-tax-return/
Freelancer tax returns are due imminently: final tips to file on time :: Freelance UK
Quick summary:
1. Once you've got this to hand and have logged into your personal tax account, it's important to check all of your personal details such as name, address, NI number are correct – as any incorrect details on a tax return could mean HMRC struggles to contact you.
2. Those choosing a paper return rather than filing online will need to have worked towards a much earlier submission of October 31st – meaning October 31st 2022 was the deadline for tax returns covering the tax year April 2021 to April 2022
#biyro #broward #usa #incometax #taxrefund
More: https://biyro.com/blog/freelance/freelancer-tax-returns-are-due-imminently-final-tips-to-file-on-time-freelance-uk/
Quick summary:
1. Once you've got this to hand and have logged into your personal tax account, it's important to check all of your personal details such as name, address, NI number are correct – as any incorrect details on a tax return could mean HMRC struggles to contact you.
2. Those choosing a paper return rather than filing online will need to have worked towards a much earlier submission of October 31st – meaning October 31st 2022 was the deadline for tax returns covering the tax year April 2021 to April 2022
#biyro #broward #usa #incometax #taxrefund
More: https://biyro.com/blog/freelance/freelancer-tax-returns-are-due-imminently-final-tips-to-file-on-time-freelance-uk/