Did you know there are approximately 5Million self-employed people in the UK?
According to the Office of National Statistics (ONS), by the fourth quarter of 2019, there were more than 5 million self-employed workers in the UK.
Being self-employed is one of the main indicators that you need to complete a self-assessment tax return.
Returns for the year ended 5 April 2020 must be submitted by 31 January 2021 but that doesn’t mean that you can’t submit yours before then!
Are you one of the many self-employed individuals who need to complete a tax return?
There are benefits of submitting your return early such as reducing your payments on account for the current year; having more time to plan for any payment due or if you have paid too much tax, it could give you that cash boost that you’ve been looking for!
Please contact me if you’d like a fixed fee quote.