Expert advice for the self-employed
We’re big fans of HMRC’s webinars for the self-employed where tax experts deliver no-nonsense explanations on a multitude of topics. Participants can ask questions and learn from other business owners’ experiences.
Here’s what’s coming up…
Car expenses for the self-employed
Using your own car for business? We’ll cover simplified and actual cost expenses and leased cars.
Wednesday 21 June – 9.45 am to 10.45 am
Business expenses for the self-employed
We’ll be looking at what is and isn’t allowable, day-to-day running costs, flat rates and more.
Wednesday 21 June – 11.45 am to 12.45 pm
Capital allowances for the self-employed
Find out how to claim tax relief for the larger items bought for use in your business.
Wednesday 28 June – 1.45 pm to 2.45 pm
Record keeping for the self-employed
Get top tips for setting up your records and keeping them up to date.
Thursday 29 June – 1.45 pm to 2.45 pm
HMRC self-assessment telephone helpline temporarily suspended
HMRC have temporarily withdrawn their telephone self-assessment helpline to all enquiries except those relating to bereavement.
The helpline will resume in full from 4th September 2023. Meanwhile, the online services helpdesk, Twitter and of course, postal enquiries are fully operational.
See the full list and contact details here:
https://www.gov.uk/government/organisations/hm-revenue-customs/contact/self-assessment
Other significant dates
31st July 2023 – deadline for the second and final payments on account for the 2022/23 tax year for the self-employed.
Not a deadline as such, but we always like to remind business owners that they can start to get their self-assessment tax returns ready from 6 April onwards. In fact, according to HMRC, more than 77,000 have already submitted their 2022/23 returns.
In the pipeline…
Expect new laws to protect home protection NI credits. The legislation will be beneficial to those who stopped claiming child benefit due to the tax implications above £50,000 income.
We’re here to help
We’re always happy to answer enquiries and guarantee to return calls and messages within 24 hours.
Call 01482 631700 or use our contact form https://www.rackhamsaccountants.co.uk/contact-the-team/
