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SELF ASSESSMENT TAX RETURNS
FOR SOLE TRADERS
info@bnwaccountants.co.
uk
0208 648 0800141 Morden Road, Mitcham, CR4 4DG
SELF ASSESSMENT TAX RETURNS FOR SOLE
TRADERS
If you are self-employed you will pay your self
assessment tax return. Here is an overview of the elf-
assessment process and your legal commitments as a
self-employed person.
SELF ASSESSMENT TAX RETURNS FOR SOLE
TRADERS
You should inform HMRC that you have begun to
exchange and to file a tax return under self-
assessment.
SELF ASSESSMENT TAX RETURNS FOR SOLE
TRADERS
As an entrepreneur you're answerable for:
• Tracking your business' deals and costs
• Charges for anything you purchase for your limited
company
SELF ASSESSMENT TAX RETURNS FOR SOLE
TRADERS
• Paying Income Tax on your Profits and Class 2 and
Class 4 National Insurance
• Sending a self-assessment tax return each year
SELF ASSESSMENT TAX RETURNS FOR SOLE
TRADERS
• Registering for VAT if your turnover arrives at the VAT
limit (right now at £85,000)
• Registering with the Construction Industry Scheme
(CIS) in case you're a contractor or sub-contractor in
the development business.
SELF ASSESSMENT TAX RETURNS FOR SOLE
TRADERS
• You are not required accountants to submit your tax
return, you can it by yourself.
SELF ASSESSMENT TAX RETURNS FOR SOLE
TRADERS
• You'll get a fine if you have to send a tax return and
you miss the deadline for submitting it or taking care
of your tab.
SELF ASSESSMENT TAX RETURNS FOR SOLE
TRADERS
• It is significant that you comprehend the legal
prerequisites, not just regarding the figures that are
incorporated, but also that penalties.
SELF ASSESSMENT TAX RETURNS FOR
SOLE TRADERS
BNW Accountants offers you a fast and most reliable
taxation service and guarantee you to file your Self-
Assessment tax returns on time. It offer services of
accountants in Croydon, Mitcham and all over the UK.
BNW ACCOUNTANTS
Visit Website
https://www.bnwaccountants.co.
uk/
Follow us:
Facebook Twitter LinkedIn
Instagram
141 Morden Road, Mitcham, CR4
4DG
info@bnwaccountants.co.uk
0208 648 0800

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Self assessment tax returns for sole traders

  • 1. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS info@bnwaccountants.co. uk 0208 648 0800141 Morden Road, Mitcham, CR4 4DG
  • 2. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS If you are self-employed you will pay your self assessment tax return. Here is an overview of the elf- assessment process and your legal commitments as a self-employed person.
  • 3. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS You should inform HMRC that you have begun to exchange and to file a tax return under self- assessment.
  • 4. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS As an entrepreneur you're answerable for: • Tracking your business' deals and costs • Charges for anything you purchase for your limited company
  • 5. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS • Paying Income Tax on your Profits and Class 2 and Class 4 National Insurance • Sending a self-assessment tax return each year
  • 6. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS • Registering for VAT if your turnover arrives at the VAT limit (right now at £85,000) • Registering with the Construction Industry Scheme (CIS) in case you're a contractor or sub-contractor in the development business.
  • 7. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS • You are not required accountants to submit your tax return, you can it by yourself.
  • 8. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS • You'll get a fine if you have to send a tax return and you miss the deadline for submitting it or taking care of your tab.
  • 9. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS • It is significant that you comprehend the legal prerequisites, not just regarding the figures that are incorporated, but also that penalties.
  • 10. SELF ASSESSMENT TAX RETURNS FOR SOLE TRADERS BNW Accountants offers you a fast and most reliable taxation service and guarantee you to file your Self- Assessment tax returns on time. It offer services of accountants in Croydon, Mitcham and all over the UK.
  • 11. BNW ACCOUNTANTS Visit Website https://www.bnwaccountants.co. uk/ Follow us: Facebook Twitter LinkedIn Instagram 141 Morden Road, Mitcham, CR4 4DG info@bnwaccountants.co.uk 0208 648 0800