Those self-employed usually need to complete a Self Assessment tax return and pay their tax bill each year. This guide will help those registered as self-employed complete their tax return.

Late filing and late payment penalties are to be waived for one month for Self Assessment taxpayers.

Making Tax Digital is a key component of the government’s drive to make it easier for individuals and businesses to get their tax right and keep on top of their affairs.

In addition to your business plan, a set of financial statements detailing your cash flow is essential.