How To Complete The 21/22 Self Assessment Tax Return - Self Employment

This walkthrough demonstrates how to complete the 21/22 self assessment tax return as a self employed individual in as little as 60 minutes. A self assessment tutorial for self employed individuals.
Need help with your tax return? Use one of the forms below
To register for self-assessment (UTT/CIS) click here: bit.ly/utr-number
If you need help with your Tax Return click here bit.ly/cis-rebate

[@Metal-Spark]

My self assessment is super basic but I still come to your videos every year to help me fill it in, really helps with the anxiety that I might make an honest mistake and get slapped with a fine or something lol

[@terrymckenzie5153]

Have you tried doing the cash hack program yet I did cash hack and I got paid $20,000 in just a few hours

[@tax2ulimited]

That's so good to hear! Thanks for the support

[@RoyChadwick51]

Hi there . Just done my last 2 years tax returns together 21-22 and 22-23 1 owe a £100 fine for my 21-22 and it's been pending for 10 days now .. Is this normal? Thanks

[@EloquentVisions]

@@RoyChadwick51 Sounds like that's a late filing penalty

[@stevemurray335]

Usually takes me all day (one year two days) to fill in the dreaded self assessment. I'm not stupid, it just frazzles my brain. This year, using your walkthrough, went through it page by page in a couple of hours! Thank-you. Look forward to your help with 22/23 return. Cheers man.

[@Mr23million]

Brilliant video, very helpful. Please continue with your channel and keep making these Self Assessment vids every year. Thank you

[@cerriebaines5059]

Thank you for creating this video and the amount of tine and detail you have given to this.

[@ozgenhalil-acumenfinance3312]

Thank you so much for the helpful step by step tutorial and explanations. Its been really helpful and made the whole process easier to deal with.

[@paulinebarclay2645]

You are the best I’ve subscribed and will most certainly keep you at the top of my saved videos. This years tax return I did on a shared screen with you and completed it in less than 2 hrs. Thankyou your video is invaluable xx

[@craigappleyard9000]

Watched this on Wednesday, went back a couple times today, super easy to follow. Thank you so much.

[@markbelcher7100]

Took any doubt about filling in self assessment away, a real relief. Also helped to clarify what I need to complete as I set up as self employed but then went into full time employment

[@SammieFerguson-cr7kt]

Thank you so much!!! I had pressed so many things I shouldn't so I am glad I watched your video and didn't fork out for a 'tax' advisor online!!

[@reubenguatelli9227]

Really helpful, you made the time fly by. Perfect

[@rosanableiner3244]

The best video! which I watched till the end since I am on KZbin, tend to mention that I bought a course on Udemy on how to do a self employed tax return and was a bit outdated and used this video to submit my tax return. I am now a subscriber I liked the video and I will see the rest of the videos that you have. Well done Adam, really appreciate your work

[@gayle84]

Brilliant video. I knew how to file my self assessment but I have a company and had employment under IR35. Been battling through this and couldn't get through to HMRC for days as I owed tax based on the calculation. Your step by step approach with the added explanation of being able to offset losses of the company against employment income turned my taxes around. Thanks for your detailed explanation of each step with scenarios. It worked wonders. Most useful and helpful. So grateful. Thanks so much !

[@tiaaaliyah]

This was super helpful! I was struggling trying to do it on my own and found it overwhelming but this made such a difference, thank you!!

[@duncanemerson5667]

Thank you so much Adam - you have helped so much for the four years I've had to fill in the self-assessment tax form - greatly appreciated.

[@tax2ulimited]

Happy to help!

[@pizzigna]

thank you , is the second year I use your video as a help to filling up my tax return as a Self Employed.

[@robgrooves6839]

Thanks again, your advice made it a breeze top man👍

[@Ali_loves_Bernie]

My first time needing to do a tax return and this was super helpful! Thankyou so much, would of not known how to proceed through the questions without this invaluable guidance! 👍

[@markbristol8459]

Thank you for your valued time. Your tutorial was excellent and very detailed in your explanation. Thank you

[@MrPacman1978]

Thanks man !! I could not of done this without your video !

[@MichelleMX-rd1bb]

I usually struggle but this video make it so easy to go through each section

[@kaisersose1]

thanks for this, its the second year ive used your tutorial.

[@SO-fb4ef]

Thank you very much, you took all the stress out of this.

[@desireevieira166]

Thank you very much for that! Very detailed and useful.

[@jeanweston1304]

Jean Weston Very helpful indeed, very clear. Thank you!

[@emem2601]

Thank you, excellent video, great help, all my questions answered, managed to complete my first tax return on time :) !

[@johnnythegreat6568]

Great work mate, this is a really important and helpful video. Much obliged!

[@margaretgelly4604]

This is very helpful since you can't get through quick enough to HMRC to guide you through filling the form. Thanks Adam, I know what I am doing now.

[@karinak7502]

ohhh, thank you so much for this video, for your explanation and help

[@bluethehappystaffy4657]

Thank you for your help again this year 🙌

[@jennyc1164]

Just viewed this having been working part time for 20 years since I retired!! As I do my SE Tax Return myself, it did clarify a number of points I had not been sure about. Luckily, nothing that I got wrong. Very reassuring. However, understandably, you were focusing on much younger people so a few things weren’t covered that applied to me, like receiving state and work pension, not having to pay NI contributions. Thank you Adam for a very thorough explanation for 99% of viewers

[@kellyminns9816]

Thank you for this truly helpful video - I've been totally overwhelmed at the thought of filling it in for the first time but this has been a huge help.

[@tax2ulimited]

Glad it was helpful!

[@evastavrou4928]

I’m so please I found your Chanel - it is so perfect and informative- I’m advising you to my friends ( we are self employed carers of old people ) thank you for your time and Exelent help so easy to follow ( English is not my home language- and I cud understand all ) Thank you once more - Eva

[@timeadeli3081]

Thank you , that was really helpful ! you re explained it well !

[@colinarenstein7951]

Really helpful - saved me hours on the phone to the tax office! Thank you.

[@tax2ulimited]

Glad it helped!

[@saheddd]

Thank you for this video extremely helpful. Thanks

[@jamiebrownyoga1062]

This is amazing, thank you, thank you, thank you 🙏🏼

[@pamu9366]

thank you for your video last year was easy for me , but this year without your video it will be tough.

[@underquotedecorators389]

Absolute legend thanks for the guidance 👍🏻

[@bennyng2225]

Thx so much for your explanation, super helpful

[@sarahsinclair291]

This is amazing!

[@sshhaarrppyy1]

Lifesaver every year, so much jargon I can’t get my head around. Always nice to forget about having to pay half of next years so that was a nice surprise.

[@thepawvoydoghotel9740]

EXCELLENT!! NEEDED THIS TODAY

[@SpojeHoob]

Great video, thank you!😃

[@Hackneychap]

Thanks so much for this, incredibly helpful.

[@tax2ulimited]

Glad it was helpful!

[@99snapsnap]

Thank you for explaining the Submit, and then log in your details bit! I was stupidly thinking I had lost the whole thing one year.

[@Elwooddudes]

Cracking walk through, thanks! I’m going to try my own tax return this year… would usually use an account, but I want to learn to do it myself now. Was worried about the expenses: tools and fuel receipts etc… Thanks for the video!

[@Kirati128]

Great video. It help lots. Thanks 👏✊

[@jules-white]

Thanks so much, this was really helpful

[@ckckwhereyoubasde3153]

you are awsome my friend keep it up.thanks you help me a lot

[@natureislifesounds5518]

Thank you for your help

[@emanueladipietro9163]

Hello Thank you so much for this very useful video!

[@andrewperkin2179]

Many thanks, this was a great help. I struggled with what expenses to claim as detectables. There are many things one could 'potentially' claim for.

[@itzarsal5083]

Thank you soooooo much for your great work ❤️😍

[@marcusp5107]

Very good video. Well presented and easy to follow.

[@tax2ulimited]

Glad you enjoyed it!

[@daddygez]

Thank you, it was so helpful

[@sophielarter1749]

Wonderful information thank you!

[@TexicoJohny]

Great video your a life saver as my accountant was causing me so much stress , sacked him thanks to your video

[@tax2ulimited]

Glad I could help

[@markszemruk]

Really helped me understand thank you

[@AndyReadGuitar]

unbelievable - this has made so much sense and doing a tax return has always filled me with such dread I always paid someone else to do it, but to have Adam take us through step by step made the whole process a piece of cake; I now need to buy you a coffee and that piece of cake...

[@tax2ulimited]

Hi Andy. Appreciate the comment and also received your email. Glad the video was useful. Will be in touch later today. Thanks

[@PlanetOfTheAnime]

The biggest part that fried my brain before watching this video was the 50% "plus" payment made on January. I kept thinking why am I paying money on what I haven't earned yet. But after watching this I now understand. Thanks!

[@roberto28briggs]

I am totally delighted with your video, as I am helping my self employed son, as sports coach complete his first self tax assessment. The video was extremely helpful.

[@tax2ulimited]

Fantastic!

[@terrymckenzie5153]

Have you tried doing the cash hack program yet I did cash hack and I got paid $20,000 in just a few hours

[@kenfinlay9199]

Many thanks for this video i can now file my own tax return.

[@markallen5839]

Awesome!

[@jovildamessa7773]

Thank you for this amazing video

[@tax2ulimited]

Glad you liked it!

[@richardrooks7540]

Excellent video very helpful

[@Woodus5000]

Fantasdtic Step by Step Video Would Highly Reccomend for anyone who is a novis at filling in Tax Returns (Like Myself) Really good Video

[@chowmai4796]

super helpful!

[@lianablacknanos]

Honestly so helpful...big stress relief filling my tax return step by step with you as I did last year also. Thank you!!!

[@designatedpiledriver8216]

mate this video is a god send. i wish i found it earlier when i was losing my mind

[@tenpasang462]

Very helpful, was confident when submitting the return! Best of luck! Explained very well and was very informative ! 😊

[@TheMounir92]

You deserve a big thank you

[@tax2ulimited]

Appreciate the support. Thank you!

[@SteveSandersonArt]

very helpful thanks a lot!

[@tax2ulimited]

You're welcome!

[@aliomerhassan4493]

Thank you for this helpful video.

[@tax2ulimited]

You are welcome!

[@Goggleuse]

@@tax2ulimited please do a mtd video

[@vitas2036]

Don’t know why we need account!!! Adam is here ❤ thanks (account fees 250£ 🤦‍♂️)

[@jeremyjames4964]

Brilliant as before.

[@anishmistry6435]

Great Video! Really helpful for filling in my first tax return. I do have a question though. I was trading as a sole trader from Jan - July so i was wondering what option i need to choose in the fill in your return section?

[@rahemzazai2755]

Thank you so much

[@tax2ulimited]

No problem

[@GaneshShahane]

Hi Adam, thanks for the great video. However, I have a problem: from the year 2021-22, my taxes have always been deducted at source (from monthly payments) because I fall under IR35. How can I file tax returns, even when I have paid all tax? Recently, I got a letter from HMRC to file for self assessment even if I have paid all tax and I don't see any provision for 100% tax relief in the return application.

[@stevenjohnson2799]

Fantastic video as usual Adam! A bit off topic but do you have a video that shows how to fill out a CF83 form for self-employed if going to end self-employment period and going to work abroad?

[@jamin420tube]

Thankyou!

[@LucySBeauty]

This is an amazing video! Well done. I’m only a bit confused about claiming a loss from self employed business while you work full time for other company. Do I add at the beginning my income form full time job although it’s been already taxed by my employer? Or I fill it out only with numbers that regards my business only and they transfer the loss to my full time employment themselves?

[@shil6819]

For once in my life I finally understand how to submit my own tax return!!! Thanks for keeping it simple for us idiots !

[@yoppie73]

Thanks

[@vijjjjjjjjjjay]

Thank you so much. Please also show us how to do SA 800 and CT600 returns.

[@walkinderbyshire]

Excellent Adam - thanks! If I'm no longer self-employed for 22/23, how do I declare this? Is it in the 'Payments on account' section? Assuming you just state zero then state "I ceased self-employment in the 2021-22 tax year."

[@goosphil]

Very interesting video and a comprehensive explanation. I just finished my first trading year as an artist and want now to fill in my self-assessment tax return. However, I do not find on the HMRC website nor in your video where I can declare the money spent during the last four years to start my small business. I understand that this amount of expenses can be added as it was done on the first day of trading. But how to put that on the self-assessment declaration? Can you help, please?

[@keydyusufmohamed7321]

Hi...thanks a lot for your videos about tax return in uk....very very useful especially because you explain things step by step and clearly without rush...I have only one question, could you consider to make a video on how to provide bank account details into a personal account in order to get payed and at the same time explain how exactly works : I mean which institution is supposed to manage the tax return in uk and how they do it. Thanks again

[@hanneloreorthmann2273]

Thank a lot. Very helpful. Is there a video explaining about what expenses are allowed for self employed individuals working from home.

[@buddleiabee]

This is so helpful, thanks. What a joke out government is, you earn over 1 grand & have to pay tax. I'd like to know more about "tax avoidance".

[@clozza]

This very helpful! Just a quick question: if I'm filling it out now, for the "date your books or accounts are made up to" would I still put 05/04/2022? And would I then only calculate my turnover up to that date not anything past it? It's my first time filling out a tax return, so I don't want to make a mistake!

[@carloscarmelino4787]

Thanks for the excellent video! It helped me a lot. But I have one question and I cannot find the answer anywhere. I have made x2 payments on account by end of January and end of July towards this tax year. The amount already paid shouldn't be deducted from this year's bill. Looking forward to hearing from you. Many thanks, Carlos

[@silvanaribeiro7917]

Hello, thanks for your videos! How to fill the return when we combine employment and self-employment? Is there a separate form to inform the incomes? Thanks!

[@user..Aa..Bb..]

Great video. Just to confirm if I am a paye employee and a sole trader I don't need to pay extra voluntary contributions.

[@EJayDesign1]

Hi Adam, thanks so much for helping me. Regarding the final payment PLUS your half year upfront to play catchup. - Surly this only applies the FIRST time you do your self assessment? I paid 6k + 3K on my first year. then another 3k in july. Now it is my 2nd time to do my return and it's the same - 6k + 3k? then another 3k in July. That can't be right? Should it not be a smooth 3k each time since I played catchup at the beginning? Appreciate any help!

[@jasbirkaur1589]

Hi there Thank you for your videos. Can you please tell me where to put interest paid gross for rental self assessment please.it would be very grateful. Thanks in advance

[@djosephc1]

Thanks for your videos, they are really helpful. I have a few questions on the '2. Tell us about you' section and would appreciate your comments please. It asks... "Did you receive notification from Student Loans Company that repayment of an Income Contingent Student Loan began before 6 April 2022?" ... a) If I made payments to my student loan in the 2021-22 tax year, do I answer yes to this? b) I fully paid off my student loan in the 2021-22 year, do I include the amounts that I paid? Many thanks

[@baljinderjosan1106]

thank you so much sir for all the useful information , could you advise me about annual leaves pay ,do i have to deduct them before submitting tax return thanks

[@StephanieLangridge-db9gs]

hey ! great channel however i have a question, where do you input any business loans - say family member has loaned the money and you are paying them back monthly ? thanks.

[@veronikaroskoova]

this is super helpful just one question if I get child allowance for two small children does it count as my income?

[@andrewspence5712]

Hello I've worked the early part of the year CIS having my 20% tax taken at source and changed jobs where I have to sort my own tax out, my question is-- Do i put the CIS work I've done in my tax return the pre tax figure? (Then fill in the section where they ask if you've paid any CIS tax?)