Listen "Real Talk On Self Assessment, Making Tax Digital & New Legislations For Income Tax"
Episode Synopsis
Leave your tax submission till the last minute? Feel the Self Assessment scaries? This episode is for you! There's no denying, that we have to wear many hats as a business owner from; marketing to customer service and of course selling - but the hat that many of us struggle to pull off is that of an accountant (purely for the vast amount of information, laws and overwhelming lingo that comes with it) At the Dilemma Desk, we want to normalise this feeling but more so help you navigate through it so you can feel a little more "clued up" and confident when managing your taxes and finances. 🎙️ In this episode, Alexis and Cassie discuss; • Our beliefs and perceptions of HMRC and "The Taxman" • The challenges of understanding the taxing systems • How we interpret tax and self-assessment depending on our industry • "Ligitament" business expenses and how you can identify what you can claim for • HMRC webinars and resources • Ensuring you consume relevant and up-to-date information • Making tax digital and the delay behind rolling out the scheme • How you can begin to prepare for making tax digital • Effective practices and systems for reconciling your transactions • Concerns on new legislation for income tax on platforms such as; Etsy, Vinted, eBay etc • Cassie's own dilemma with payment on account for her Self Assessment 👉🏻 CLICK HERE TO SUBMIT YOUR DILEMMA 👈🏻 🧡 Connect with Cassie: Website Instagram Facebook LinkedIn 🧡 Connect with Alexis: Website Instagram Facebook LinkedIn 🔗 Useful Links: HMRC Webinars and Email Notifications Making Tax Digital Compatible Software Martin Lewis on Income Tax Legislation HMRC Income Myths Explained
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ZARZA We are Zarza, the prestigious firm behind major projects in information technology.