How To Complete The Self Assessment Tax Return For Self Employment 23/24

[@NikkiHarris-x4u]

Massive thank you for this, I have now submitted my first tax return and saved myself money rather than paying an accounting company to do it.

[@Island-Media]

hey, when you register for self employed - does it take a while before you can actually submit a tax return?

[@AngelaPeters]

EVERY YEAR I am so thankful for this company. So so helpful.

[@Mr23million]

Dude , you're a legend! Use your vid every year. Please continue each year, thank you

[@carlmcdermott3794]

First time filling my tax return. Couldn't have done it without this video. Thanks.

[@antonywalker1258]

Could you please do a video on a self assessment on employed work and self employed for 1 person. E.g. have a side hustle

[@esenhoruz729]

Thank you so much for your video. Easy, to understand each step. I made myself after six years and it was with you extremely helpful. I have not paid this year to accounting £650 :)

[@jodybarnes]

Great video, just did my own tax return for the first time instead of paying an accountant to do it 👍🏻

[@mauricioherminiocardoso5394]

Every year you help us! I'm very grateful. Thank you so much.

[@Tatiana-tw2ju]

thank you very much for this video , submitted my first tax return, you are the best!!!

[@explorewith_mi]

Every year your videos are helpful and you explain everything in detail. Thank you.

[@HavingFunWithAvyan]

I have only watched 5 minutes of video so far, but 1000 thanks for doing this video. I got some confidence I can do my self-assessment myself.

[@GreggC123]

Being my first time completing self-assessment, this was really, really useful and helpful. Thanks!

[@hithere5815]

Very clear. Well explained. I am about to do my first self assessment.....thank you

Been using this channel videos advice and examples how to do self assessment for last 3 years absolutely wonderful i haven't had no problem with hmrc and save massive accountants money for my self love you guys thanks so much for your help.

[@jacekkoperkiewicz4223]

Thank you SO MUCH for your video. It helped us a lot!!! Without this video we cannot fill our forms. Thank you

[@cdelboux1]

Just completed my first self-assessment and this video was a huge help - thank you!

[@ajoypaul30]

Massive thank you for explaining the self assesment tax return in the u.k Can i request to make a video only for how to file in self assesment tax return for people who have ofshore interest income and is a tax resident of U.K

Thank you so much! This really simplifies a horrible process. Very thankful!

[@HappyBombs]

Love these - helps so much. Thanks for creating them.

[@KLRCAT]

I'm currently working 2 jobs while also registered as a sole trader for my own business. How would I go about doing my self assessment in this situation?

[@matthewthompson3391]

Really good video, has helped me so much. Really appreciate it! Thanks.

[@rasjackson7410]

Thanks again for the new video for the next tax year. I've been using your videos for a few years now

[@aurorep9242]

Thanks for much for taking the time to explain it step by step, so useful!

[@tonyrussell496]

I new to self employment as a sole trader since November 2023. Iv rang HMRC for a UTR number 2 months again but not had one sent. I Have signed up to a government gateway account which is all goodi have login details. Here's the problem... I'm submitting my ID which is my Driving licence & Passport but it's not accepting even though I have done this 4 times and all is 100% correct the details ...I now have only 1 attempt left before the gateway acoount is frozen . It's burning my head out the fact I'm wanting to do a self assessment but it won't ,etc me do it. I give up !

[@zoolmakana4783]

Hi, I hope you got your UTR number bc I am facing the same problem

[@jennawoodhouse5565]

I have also had this problem. If you look on the hmrc website and make a complaint and explain you keep applying but your not receiving it someone will call you and sort your UTR for you.

[@blueberrypancakes1974]

I keep getting a much higher number than I anticipated, it is as though I am paying 40% tax despite earning well under £45,000 per anumm in both my employed and self-employed jobs?

[@juniorlion6752]

This platform is excellent Thank you for clear guidance in a see of nonsense videos !! ❤

[@nataliiakravets9060]

Please help! "Did you receive any UK pensions, annuities or state benefits, for example, state pension, occupational pension, retirement annuity, Incapacity Benefit" Does this include Universal Credit?

[@rupanag]

Currently my agent does the self assessment on my behalf. I have authorised them using the HMRC authorisation form. Now i want to remove the authorisation from my agent and do the self assessment my self going forward. Do you have any video to explain the process to revoke consent/authorisation from agent?

[@astonwebbo]

Having tried to speak to HMRC who are beyond useless, could you give any tips on how to fill out a LATE self assessment form, from the year 22/23?

[@JohnEvans-w3e]

my accounting period is different to the tax year dates, I have to bring my accounting dates in line this year but really struggling to understand what goes where on my tax return, help

[@michaeldrennan9418]

Have you got a tutorial on experience, what should you claim for and what not etc... Would really appreciate this many thanks

[@pequiporto6919]

Your videos are so helpful. Thank you very much!

[@Louie.M10]

I'm so grateful for your videos. Thank you so much.

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

Great video. Do I declare dividends of 50p. 😂 or 4pound in the year Also i started December but got first wage in January 4. . What shall i put on date of account books. Am still do work

[@suzyh74]

Thanks, very helpful. I'm a self employed pensioner and receive state pension weekly (gross) and previous work pension monthly (tax deducted monthy). I can't see on the online form, where I can enter what's already been deducted - please can you advise. Thanks. Or would I enter it into a "more information" box?

[@JacobVincent-i9k]

Can you do one video with one job in McDonald's employment and one self employed please 😅

[@tamirestammyxD]

Hello, first of all, thank you very much for this wonderful video, it helped me a lot. But I was in a doubt I get universal credit do I have to declare this value of the universal credit?

[@amirshahali7645]

Hi I had a business which closed by 15/07/2023 .I completed last year tax return form till 5/04/2023 ,is need to fill form again for just two and half months .in total my business was total disaster and complete loose.please let me know what i have to do ,thank you

[@chris-rosemlam8776]

I have just registered in the government gateway account. But cannot navigate to other pages on my screen. It says my income tax has not been calculated. What do I do?

[@HavingFunWithAvyan]

When I lost my previous Job, my employer paid one month of my salary in advance and one month of my salary untaxed. Do I have to include the untaxed salary in the self-assessment application?

[@JohnnyCondon9]

I'm from the UK. I've made £458k selling trading cards in America. Do I need to pay tax? Thanks.

[@gabrielalejandroferrucci5457]

Thaks for your video!! quick question, in the question "did you recieve any dividinds, for example, from UK companies, (or dividends from foreign companies), I recieved a very small amount from US companies, like, 100 pound or less, should I declare yes?

[@chrispc71]

I get an error message on entry of under £50,000 turnover that reads "There is a problem The amount entered for 'Turnover - takings, fees, sales or money earned by your business' exceeds the maximum annualised amount allowed for this field. Please amend or complete the full self employment pages instead." Would welcome someone offering an explanation as to why this might appear please.

[@FredaYates-kd2ve]

Hi my husband became self employed last Oct 23. We were issues with a UTI number to reflect this. Since then all monies gained has been taxed by the employee. Does he still need to complete a self assessment? I followed your you tube video which was amazing by the way whilst completing the HMRC self assessment form but calculations state he owes tax which I am thinking can’t be right has he has paid already? Thank you for your advice in advance.

[@reabo]

Hi did a bit of work last year that brought me over 1000 trading allowance. How do i declare that? I dont have a business. Do i still tick the yes for over £1000 at point 3.59 asking if my turnover was more than 1k in total from all self-employents??

[@stevenlafford506]

does it matter that I live in ireland? Is it the same system or are there massive differences?

[@Mr.Igor.Voronov]

Thank you so much! (contributing to the algorithm :) )

[@tansy-stock-earnings]

Is income from stock photos websites considered foreign income? I live in UK and receive income selling on Envato (Australian), Shutterstock (US), etc

[@Lfl7882]

Question if I was employed before I started my freelance do I need to tick yes under the very first question under Tailor your return?

[@lynncookson9598]

Hi my husband is self employed as a milk man but last year before we could pay our tax in jan 2024 for the year before we got a letter to say they had to close our account and they would have to send a new number,still waiting we have wrote loads of time but just cant log on without a new utr number,please help this will be the 2nd year without paying.

[@Island-Media]

This is a fantastic video, thank you.

[@erictchidjo7577]

Helpful

[@baltictv9074]

hey are you do for emplyee and self employ tax retun for 2023/2024 what i mean i work for company and geting extra from rental property

[@KayJohnston-rp1jm]

Hi, do you have any advise on how to complete the foreign income section with country that has already deducted 20% tax ?

[@123bekr123]

Do I still need to do a self assessment as a company director of a limited company and also submit company accounts? Not clear on if I need to do both or just one? Also my first year submitting... yikes didn't know it was such a headache

[@pelsoncarvalho7616]

Hi bro can you make a video on how to file a tax as forex trading (CFD) and full time job. Thank you

[@pelsoncarvalho7616]

I mean being employed and also as part time forex trader.

[@mikegleed5842]

Clasa 2 National Insurance is being scrapped next year? 👀 00:25:15

[@ajax201000]

Why is there the burden to pay NIC2 for those whos taxable profits are below £6725 but those who earn £6725 to 12570 dont have to pay, despite the fact they earnt more?

[@snoop21]

Could you please help me out with my return, I have a ltd company with a UTR no but 23/24 i used my personel UTR as i was being paid through CIS and im struggling filling in my return.

[@ashlepcha9487]

hi can u please help me as i have rented my property since September 2018 and have completed UK property income Self- assessment but i did not input mortgage interest at all, is there any possibility to know whether it is possible to claim this back since 2018?

[@chrissarfoministries]

Thank you very much, this tutorial was very useful

[@colinstratford9952]

Top video, you are a legend!

[@yoganand45]

Hi iam diretor of ltd compamy, my only income salary and divident 23-24yr from same company , how should i file it , is that same as self employment ?

[@Ninja-wn8pr]

why do I have to pay tax in advance ( payments on account) please?

[@l3gionmusic814]

Because HMRC are greedy and expect us all to have a crystal ball with which we can see the future to predict exactly how much we will earn next year. And the best bit, we get charged interest if we pay less in advance than what we end up owing by the end of the year! In all seriousness though, if you search 'Reduce your payments on account', you can supposedly get them to reduce it if you don't think you'll need to pay that much

[@urfiwelcome1557]

Thanks , it was really helpful to fulfill, best wishes for u ❤

[@endunknown6219]

Thank you - very helpful

[@portraitandcaricature9886]

Thank you

[@craigmurray5355]

Wondering if someone can help. I do a DJ gig at a local bar and invoice them through an agency called C247. I dont know if this is classed as having my own business as it doesnt have a business name im not sure if id use the Bars name at that point and have no idea what it all comes under in terms of the self assessment. Any help would be greatly appreciated

[@AchrafOuhab]

Thank you mate u r a star

[@poyamohamadi5302]

I can’t find this someone help please

[@lyndadavies2036]

I rent out my property on airbnb. Does this mean I am self employed?

[@jodicook9907]

Yes it does

[@komenda219]

Where add grants from gov?

[@AntonioVera-ho1vx]

What is the maximum amount of savings bank interest I can earn before paying tax. No other source of income.

[@messamali5637]

hey ! its around £17570 if you dont have any other kind of income

[@SK-gd5vz]

Hi Thank you very much for your very informative vedio. I have got a question regarding extra money. A uk tax payer has recently in June 24 started selling some old as well as new stuff on ebay. My question is , this person who is already paying tax through his job does not need to do anything now or this year till March 2025 if his ebay earning is less than 1000 pounds. Is my understanding correct. Please clarify

[@fr000bify]

If the side hustle (ebay) earns less than £1000 a tax year then HMRC do not need to know about it.

[@andywren6161]

Excellent video! So good infact that I'm prepared to forgive the duckface on the thumbnail :)

[@ashlepcha9487]

hi on the finance costs for UK property - can i include my personal bank loans?

[@messamali5637]

nope ! you can include only property related mortages/loan interest only.

[@kevincrawford189]

I’m a builder and doing my tax return on the part of turn over is this the amount my boss has paid me after he’s taking the tax off

[@nathanhalliday001]

I’m more confused now than I was before I watched this video

[@gerganatodorova3585]

Uff 😅Thank you enormously. I am the kind of person who likes to do everything by myself; for my own pride, not a question of money. So grateful for your explanations 🙏