If you’re self employed then you will need to tell HMRC about the income you’ve earned and your business expenses. This needs to be included in your self assessment tax return, which must be submitted every year by the 31st January following the end of the tax year.
You can claim for business expenditure such as mobile phone calls, travel costs and for using your home as an office, but there are literally hundreds other expenses you may also be able to claim. If you’re looking to take away the stress from filing your self-assessment tax return, or you simply don’t have time to do it yourself, call Grosvenor Tax Services today.
We can help you with all of this for an unbeatable fixed fee.