Uncategorized Opportunity

Preparing for Self-Assessment - Guidance for Freelancers

Calling all South West-based early-career or aspiring freelance theatre makers!

Wondering how and when you pay your tax, or how to claim back expenses? If you are a freelancer based in South Gloucestershire, Bath or North & East Somerset, check out this free course on how to navigate this essential part of being self-employed.

Overview:

A practical guide for self employed people who need to do a tax return.

This event is only available and is free for small businesses, sole traders and residents based in South Gloucestershire and Bath & North East Somerset.

This workshop aims to help you feel more confident about how to declare your business earnings on a tax return.

What will I learn?

  • What needs doing, by when
  • How to calculate your annual business profit for tax purposes
  • What expenses can validly be offset against sales
  • What other information you may need to find for your tax return
  • The different methods you can use to submit a tax return

Please note: this is a group business education class about how to manage your business reporting for tax purposes, to either assist you to be able to do your own tax return or else help you get your business figures ready to give to a third party / accountant so that they can do it for you. You will not receive individual accountancy advice; this is also not a tax return completion service. Whilst we will do our best to help you in the time available, after the course, you will remain responsible for completing your own tax return by the deadline and for the accuracy of your own figures submitted to HMRC.

Who should attend:

This course is primarily aimed at those currently registered as self employed with HMRC, and who need to complete their 24-25 tax return. The very newly self employed who will be due to complete their 25-26 tax return from April 2026 onwards would also benefit.

The workshop will be particularly suitable for people on lower incomes who may be unable to afford to hire an accountant and so need to manage their own tax reporting. Even if you believe no income tax will be due as you are on a very low income, for people on means tested benefits, the level of profit declared can affect the amount of benefits you receive, so it is still important to know how to work out your figures accurately.

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