If you're self-employed, this video will help you complete the self-employment section of your online Self Assessment tax return. Find out:
• when to answer 'Yes' to your turnover being over £1,000
• when you'll need to provide a more detailed breakdown of your accounts
• about using cash basis or traditional accounting
• about entering your turnover and claiming the trading income allowance
• about capital allowances, adjustments and losses
• how to tell us about tax deducted if you're in the Construction Industry scheme
• Class 4 National Insurance
You can find out more about Self Assessment on GOV.UK and in our other videos on YouTube.
0:00 Introduction
0:45 Page 1 - details for individuals, page 1 of 2
1:27 Page 2 - details for individuals, page 2 of 2
1:39 Page 3 - your accounting details
2:15 Page 4 - figures for your turnover
2:42 Page 5 - capital allowance and balances charges
2:51 Page 6 - other tax adjustments
3:07 Page 7 - losses
3:12 Page 8 - tax deducted for individuals
3:24 Page 9 - class 4 National Insurance
3:42 Further Help and Support
Current playlist:
• Self-employment tax return
Visit GOV.UK
https://www.gov.uk/self-assessment-ta...
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