Completing a tax return at the end/start of the year is not the easiest thing in the world. Not every self employed individual has natural accountancy skills, and so lots of individuals inaccurately complete their returns or miss out on tax rebates or allowable expenses. Thankfully, there is plenty of help out there, especially if you look online.
You might have specific questions, for example you might wonder how to claim a tax rebate. The internet is a fantastic resource for answering these kinds of tax related questions and there are plenty of official and authoritative sources that can help you, for example the direct.gov self assessment page.
There’s no reason to complete your tax return yourself if you are finding it difficult. There are lots of services online that will complete your tax return for you. They will also be able to calculate your allowable expenses and so you could end up saving money. It’s crucial that you keep accurate records and so if you complete a tax return incorrectly you could face a fine in the future.
The deadline for self assessment, when you complete it online, is January 2013. If you fail to complete your tax return by this time then you’ll face a fine. If you’re self employed then you’re bound to be a busy, so why stress yourself when you can get professional, friendly and expert help?