Master UK Self Assessment with Simple Step By Step Tips

แชร์
ฝัง
  • เผยแพร่เมื่อ 4 ธ.ค. 2024

ความคิดเห็น • 87

  • @UK-Property-Tax-Accountants
    @UK-Property-Tax-Accountants  ปีที่แล้ว +1

    Request a call back: If you are looking for a new US or UK real estate property tax specialists contact us here: survey.zohopublic.com/zs/80zrXp

  • @steveevans4299
    @steveevans4299 ปีที่แล้ว +6

    In this video - between 0:23 and 0:28 You login and then jump to the form. But I login into my Govt Personal Tax Account / Profile etc but cannot find anywhere to actually START the Tax Assessment - any ideas? I have registered for Self-Assessment, which they have acknowledged, and have been issued a UTR number

  • @khadeejatehseen6344
    @khadeejatehseen6344 8 หลายเดือนก่อน +1

    Hi simon! I filed dormant accounts and it got accepted on 23 feb 2024. Now I got the notice for corporation tax return for the same period in which I filed my dormant company accounts. The date of issue on these documents is 29 feb 2024. Why is that? Because dormant companies don't need to file tax. Also I informed HMRC by call and online that my company is dormant. They also made my company dormant till 2028. So do I still need to file these tax returns, the notices of which I have been receiving?

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  8 หลายเดือนก่อน +1

      I don’t think this comment is relevant to self-assessment, but I have responded to your question on the limited company video

  • @Thisisaparticularlylonghandle
    @Thisisaparticularlylonghandle ปีที่แล้ว +3

    Unfortunately I'm unable to find the option to file a self assessment on the Personal Tax Account home page

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  ปีที่แล้ว

      Type into Google self assessment and it will come up

    • @ollygibb8501
      @ollygibb8501 ปีที่แล้ว

      Any luck finding this Paul?

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  ปีที่แล้ว

      www.gov.uk/log-in-file-self-assessment-tax-return

    • @tomfenn7149
      @tomfenn7149 ปีที่แล้ว

      @@UK-Property-Tax-Accountants It doesn't work. There is no apparent way to file a tax return.

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  ปีที่แล้ว

      Hi Tom, it does work but you might want to use an accountant or get some help from HMRC. Many of my clients use it

  • @markeystephen3074
    @markeystephen3074 10 หลายเดือนก่อน +3

    Am doing my first self assessment tax return online for the first time, and I’m already experiencing difficulties where I can’t even login and get started, even though I have ID number, I honestly don’t know what to do, any advice or suggestions?

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  10 หลายเดือนก่อน +1

      My best advice to you is to use a local accountant.

    • @markeystephen3074
      @markeystephen3074 10 หลายเดือนก่อน +1

      @@UK-Property-Tax-Accountants thank you for your reply and suggestion, I will definitely do that.

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  10 หลายเดือนก่อน

      @markeystephen3074 best of luck 🤞

    • @eshitatak3349
      @eshitatak3349 8 หลายเดือนก่อน +1

      Hello I’m doing my self assessment tax return for the first time. I have worked few days from
      August 2023 and till February. So which tax year do I need to file my tax return? 22/23 or 23/24? Because it doesn’t give an option for 23/24

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  8 หลายเดือนก่อน

      @eshitatak3349 you can’t do a tax return for 2023-24 as we are still in the tax year until 5th April 2024.

  • @HILUXCHAINSAW
    @HILUXCHAINSAW ปีที่แล้ว +2

    Does this automatically take into account your TAX free allowance?

  • @darkmysticocean5087
    @darkmysticocean5087 9 หลายเดือนก่อน +1

    If another accountant has filed tax for me then where do I find the submission receipt

  • @dr0eslam0samy
    @dr0eslam0samy 8 หลายเดือนก่อน +1

    I am doing a self assessment and asked me about the business details but I work for a few people which address should I include please? Tia

  • @dr0eslam0samy
    @dr0eslam0samy 6 หลายเดือนก่อน +1

    Hi Simon, I have a question, I am a pharmacist was locum from September till end of march is it better to submit a tax return as self or limited company? I already have a number as self assessment, I may locum once every month now as I am currently employed. I appreciate your advice

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  6 หลายเดือนก่อน

      If you are Locum and you invoiced in your name, you would have to declare it on your personal self-employment tax return in self-assessment

  • @lawrencer25
    @lawrencer25 ปีที่แล้ว +4

    Fabulous video.
    Thank you very much

  • @benaamershi6749
    @benaamershi6749 ปีที่แล้ว +1

    Please can you help as it keeps going back to 1st page when rejestering on gateway or give another number
    To start all over😢

  • @alinadinca874
    @alinadinca874 8 หลายเดือนก่อน +1

    Hello, thank you for the video, I have a question. I’ve obtained my UTR number last year when I thought I was supposed to start as a self-employed, but the following week I started a new job with a contract so I actually ended up not using the UTR number, now I have to do the self-assessment as 0. My question is about the first question at Tailor your return, minute 1:49 when asking about being an employee. Do I need to still provide the details of my employer even if it was not a job as self-employment and I ve already paid taxes monthly?
    Thank you

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  8 หลายเดือนก่อน +1

      You will need to provide details for both your self-employment and employment details
      I am glad the video helped
      You can phone HMRC to say that you no longer need to do another self assessment tax return

  • @RMetsy
    @RMetsy 3 หลายเดือนก่อน +1

    Hi
    I started my self employed work as a locum on April 3rd 2024 (this is the date of my first work) as self employed. When do i file my tax return? Thanks

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  3 หลายเดือนก่อน +1

      I would not do a tax return for 2023/24 tax year as you would not have submitted your timesheet or been paid in that tax year. However, you would need to file a tax return if you had other taxable earnings

    • @RMetsy
      @RMetsy 3 หลายเดือนก่อน +1

      @@UK-Property-Tax-Accountants Does this mean the One day I worked before 6th April. I should declare 2023/2024 tax year?
      The bulk of my work has been done 6th April onwards so does this mean I will submit my tax return year 2024/2025?

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  3 หลายเดือนก่อน

      Correct 👍

  • @bongandablitze
    @bongandablitze ปีที่แล้ว +1

    Will this be just as good as paying my accountant £400 will i still receive or pay the same amount as if I had used one.

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  ปีที่แล้ว

      I do not know the answer to that question as I do not know your situation or how good your accountant is.

  • @roman6188
    @roman6188 ปีที่แล้ว

    In the section "5.Check your return" you have told us you: "were not employed; were not self-employed". How is this possible? It didn't ask me about being self-employed. And I'm filling Self assessment only because I'm self-employed. So how is it possible and how to fix this? And yes I'm registered in HMRC as self-empoyed and got my UTR number.

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  ปีที่แล้ว

      You complete the self employment section to report your earnings. It will know that you are self-employed. Any further difficulties please call HMRC on 0300 200 3300

    • @roman6188
      @roman6188 ปีที่แล้ว

      @@UK-Property-Tax-Accountants for some reason I don't have Self Employment section. However during registration for Self Assesment I chose "self-employment"

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  ปีที่แล้ว

      @roman6188 that is a call to HMRC

    • @roman6188
      @roman6188 ปีที่แล้ว +1

      ​@@UK-Property-Tax-Accountants ok so I talked with HMRC and I didn't have self employed section because I selected lower than 1000 turnover

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  ปีที่แล้ว

      @roman6188 that’s great news and such a relief 🙏👌

  • @dipendrachaudhary3601
    @dipendrachaudhary3601 3 หลายเดือนก่อน

    can I take dividend now i.e. 2024/2025 and include it in my tax return of last year 2023/2024? I still haven’t filed my personal tax return.

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  3 หลายเดือนก่อน

      You will need to include the dividends on your tax return year to match the tax year dividends were taken

  • @mtfbwy78
    @mtfbwy78 หลายเดือนก่อน

    Hi, I have registered for self assessment as I am liable for the high income child benefit charge, I received a letter in the post. How long on average before they contact me to complete the self assessment?

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  หลายเดือนก่อน

      They may not contact you about submitting a self-assessment. It is on you to submit if you need to.

    • @mtfbwy78
      @mtfbwy78 หลายเดือนก่อน +1

      @@UK-Property-Tax-Accountants Thanks, would you know if a company profit share that isn't guaranteed each year would be included in my adjusted net income. I am facing a potential high income child benefit charge

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  หลายเดือนก่อน

      You only pay tax on money received or in a promised note in certain circumstances

    • @mtfbwy78
      @mtfbwy78 หลายเดือนก่อน +1

      @@UK-Property-Tax-Accountants So the fact this isn't a guaranteed annual bonus, no need to declare on a self assessment?

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  หลายเดือนก่อน

      No money needs to be declared until you receive it or been guaranteed to receive it under certain circumstances

  • @rafafields12
    @rafafields12 9 หลายเดือนก่อน +1

    How i find my id code

  • @Kitty-lj7eg
    @Kitty-lj7eg 2 ปีที่แล้ว +2

    Really good video. Can you help with self assessment application? I will email you about your fee. Thanks

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  2 ปีที่แล้ว

      You can book a call when it is convenient for you using our calendar link www.optimiseaccountants.co.uk/consultation-emergency-tax-consultation/
      Please use code TH-cam25 to get a 25% discount

    • @Kitty-lj7eg
      @Kitty-lj7eg 2 ปีที่แล้ว

      @@UK-Property-Tax-Accountants I just emailed you. Thanks

    • @deloresmcdonald2977
      @deloresmcdonald2977 ปีที่แล้ว

      Now

  • @ashasyam6019
    @ashasyam6019 6 หลายเดือนก่อน +1

    Those who are working in NHS and left Uk whether eligible for tax refund self assessment.
    PAYE tax refund already received.

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  6 หลายเดือนก่อน

      Thank you for sharing 🙏

    • @ashasyam6019
      @ashasyam6019 6 หลายเดือนก่อน +1

      Can we still apply for self assessment tax return even if we receive PAYE tax return. Kindly reply.Thanks for your reply

    • @UK-Property-Tax-Accountants
      @UK-Property-Tax-Accountants  6 หลายเดือนก่อน +1

      @ashasyam6019 yes you can

    • @ashasyam6019
      @ashasyam6019 6 หลายเดือนก่อน +1

      Thankyou for your reply

    • @ashasyam6019
      @ashasyam6019 5 หลายเดือนก่อน

      I couldn’t apply through my hmrc gateway login how can I apply ?

  • @clusterm2
    @clusterm2 ปีที่แล้ว +2

    I've found the self assessment to be rather difficult, all I want is somewhere to fill in the amount I received from my private pension.....I've already paid my taxes, they tell me I've already paid my taxes but I have to fill in this form which contains language that doesn't make sense like 'did you recieve any uk pensions', I did, from my private pension....but it leads to how much State Pension did you receive, not private pension, aaaaaagh damned government morons grrr.

  • @UK-Property-Tax-Accountants
    @UK-Property-Tax-Accountants  2 ปีที่แล้ว +2

    File here: www.gov.uk/log-in-file-self-assessment-tax-return
    Self-employment income tax calculator: www.optimiseaccountants.co.uk/tax-calculator-uk-self-employed/

  • @nikolascage7577
    @nikolascage7577 8 หลายเดือนก่อน +1

    Thanks Mr for this video
    I tried alone but it doesn't work for me..I want to do it alone because I don't trust some people...after we buried our son in the war in Ukraine I lost trust in some people. because they are fixated only on corruption…people who do not understand how to proceed these functions are deceived by people who are infiltrated in these structures…..I apologize for this message