Dear customer, As the festive season approaches, we understand that finding the time to complete your tax return can be challenging. We’ve designed online products to help you complete your tax return, including the self-employment section, at a time that suits you best during this busy period. |
Remember, you only have until 31 January 2025 to do this |
If you’ve already filed and paid – thank you. You don’t need to do anything else. You can ignore this email and ask us to stop sending you further emails about Self Assessment for the 2023 to 2024 tax year. However, if you’d like our help, choose from the following online support – available on HMRC’s YouTube channel, any time: The playlist 'Your online Self Assessment tax return', includes recorded webinars to help you complete your Self Assessment tax return. For more help, you can also choose short videos from any of the Self Assessment playlists. To be the first to know about our new videos, subscribe to HMRC’s YouTube channel. We think you may also find the following recorded webinars useful in the daily running of your business: |
Record keeping for the self-employed |
View this recorded webinar about record keeping and tips on keeping them up to date, as well as: |
• | unfamiliar terms | • | using records to work out taxable profits | • | information to record |
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Capital allowances for the self-employed |
For the larger items used for business, such as business vehicles, computers and equipment, view this recorded webinar which looks at claiming expenses. We’ll also cover: |
• | annual investment allowance | • | first-year allowances | • | writing down allowances | • | record keeping |
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Car expenses for the self-employed |
If you use your own car for business, this recorded webinar will tell you about: |
• | business journeys | • | capital allowances | • | how to work out simplified and actual cost expenses | • | leasing a car and personal contract purchases |
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Business expenses for the self-employed |
Or why not view this recorded webinar about business expenses, during which we’ll: |
• | show you what are allowable business expenses | • | cover the most common business expenses | • | look at simplified expenses | • | discuss record keeping | • | help you enter accurate figures on your tax return |
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You don’t have to wait until 31 January 2025 to file your return |
Filing early means receiving your refund sooner if we owe you money. If you need to make a payment, however, knowing in advance how much to pay makes budgeting easier for you. |
Paying any tax you owe |
There are different ways to pay your tax bill, safely and securely – including through the HMRC app. |
If you can’t pay in full by 31 January 2025 |
If you can’t pay in full, we may be able to help by arranging an affordable payment plan. Our short YouTube video 'How to set up a Time to Pay arrangement online for Self Assessment' will guide you through each step. You’ll find more information on our help and support pages. Yours faithfully HM Revenue and Customs
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