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Self-assessment is a system of calculating and informing HMRC of the amount of income tax payable in a tax year. Unlike employees whose taxes are automatically deducted through PAYE (Pay As You Earn), those with additional income or business income or other specific circumstances must declare their income and liabilities through a self-assessment tax return. … Continue reading
Self employed people can claim SEISS grant no 4 from late April 2021 and no 5 from late July 2021. Both are available to those who: submitted their 2019/2020 returns latest 02 March 2021; are still and intend to keep trading in 2021; suffered a big drop in profits due to reduced activity, reduced capacity, … Continue reading
Phoenix Debola 