Legacy
Connect-to-Freeagent
To connect to Freeagent you must first add a self employed page in GoSimpleTax, if you have not done this during your initial set up you can use the '+ NEW PAGE' button to create the page. Please note that you will be able to try this integration ...
How-Do-I-Get-An-HMRC-User-ID-Password-and-UTR
Registering for an HMRC User ID, Password and UTR. Register for self-assessment with the HMRC here. Complete the form. Sign a printed copy (sent to your email address) then post it to the HMRC. The address is on the form. Your UTR and activation ...
SA103 : Self-Employed-Expenses-What-Can-I-Claim
What types of expenses are there? Capital - This is the cost of buying, creating or improving a business asset, used to increase profit. The cost of buying a van for your business would be capital expenditure. Other examples include buying machinery, ...
SA100 : Which-HMRC-Forms-Are-Supported-The-Detail
SimpleTax supports all SA100 forms. Click +New Page for each type of trade or other income class you receive during the year. The available pages are: Self Employment (SA103) Employment (SA102) P60 P45 P11D P9D tips Ministers of Religion (SA102M) ...
How-much-does-it-cost-to-file-multiple-tax-returns-
**CONTENT IS OUT OF DATE** Multiple Users - Annual Pricing (per tax year) per tax year Number 1 £36.00 2 £54.00 3 £72.00 4 £87.00 5 £99.00 6 £109.00 7 £115.00 8 £121.00 9 £123.00 10 £125.00 11 £126.00 12 £127.00 13 £128.00 14+ are charged at £1.00 ...
Xero-Integration
If you are a sole trader using Xero for your bookkeeping records then our integration will allow you to import your Profit & Loss report direct to the self employed pages of your tax return. To save time we have mapped the default Xero headings to ...
Hotel-Stays
Can I claim? Yes. Conditions If being self-employed means that you have to travel for the business and stay away from home overnight, then you can claim tax relief to this expenditure. You will need receipts for all expenses claimed in this way and ...
https://help.gosimpletax.com/hc/en-gb/articles/202028688-Do-you-claim-Child-Benefit-You-may-need-to-file-a-SA-
Taxpayers with an income greater than £50,000 who also claim child benefit will need to decide whether to stop receiving these benefits, or pay a charge via self-assessment. SimpleTax is here to explain the basics: Who is affected by High Income ...
https://help.gosimpletax.com/hc/en-gb/articles/202028928-Pension-Tax-Relief
Are you worried about your pension fund? Retirement is a daunting prospect, and saving for the future should always be a top priority. Today, SimpleTax will explain the basics about pension tax relief; how does it work and what are the limits? ...
https://help.gosimpletax.com/hc/en-gb/articles/202028908-Take-advantage-of-the-rent-a-room-scheme
Although we all aspire to own vast portfolios of luxurious property, the fact is many of us don’t. However, you may rent on a smaller scale. Renting out a room in your house is becoming increasingly popular, and it’s a nifty little way of earning ...
https://help.gosimpletax.com/hc/en-gb/articles/202084646
HMRC's Property Rental Toolkit states: All income except capital receipts arising from an interest in land is part of the rental business. As with any other business, property income can include payments in kind as well as cash receipts. It is also ...
https://help.gosimpletax.com/hc/en-gb/articles/202367047-Investments-Interest-and-Dividends
Almost all income obtained through interest or dividends must enter your Tax Return and most investments are entitled to tax relief. Annual investment statements may show three amounts: ‘gross interest’, ‘tax deducted’ and ‘net interest’. You must ...
https://help.gosimpletax.com/hc/en-gb/articles/202028878-Tax-on-UK-dividends
What is a dividend? To put it simply, a dividend is money that a limited company pays to its shareholders. Only limited companies can pay dividends; partnerships and sole traders cannot. Many limited companies pay regular dividends to shareholders on ...
https://help.gosimpletax.com/hc/en-gb/articles/200818645-Advertising-Fees
Can I claim? Yes. Conditions This is an expense which is entirely allowable; HMRC recognise that advertising is a primary function for self-employed individuals and permits tax relief to be provided on the cost. On SimpleTax Head to your ...
https://help.gosimpletax.com/hc/en-gb/articles/200356329-Apple-Developer-Program
Can I claim? Yes. Conditions If you work on Apple development programmes and incur costs as a result of this, they can be offset against the business profits. This may be something like Apple Developer Program fees or can be anything similar, as long ...
Hailo-Commissions
Hailo is a company that matches taxi drivers and passengers through its mobile phone application, making it convenient for both cab drivers looking to boost their fares and for the passengers needing to be driven somewhere faster. Can I claim? Yes. ...
https://help.gosimpletax.com/hc/en-gb/articles/200356529-Business-Insurance
Can I claim? Yes. Conditions Any insurance that you take out that are directly related to your business can be claimed for. This can be quite a complicated area as there are many different types of insurance and the product that the insurance ...
https://help.gosimpletax.com/hc/en-gb/articles/200360959-Business-Cards-Moo-Cards-
Business cards, letterheads and other branded stationary are a powerful, cost-effective way to promote your business. Unfortunately for them, many self-employed people tend to overlook them as a legitimate expense they can claim for when filing tax ...
https://help.gosimpletax.com/hc/en-gb/articles/200842845-Heating-Bills
Can I claim? Yes. Conditions Freelancers can claim on the cost for heating their workspace, as well as other utility bills. The key thing to remember, however, is that there is a difference between ‘office’, and ‘home office’. If you work ...
Fees-from-Customers-Abroad
Can I claim? Yes. Conditions Bank account and credit card charges are a frequent expense when running a business. You are entitled to claim total relief for these expenditures if the transactions are solely for business. International transfers ...
Apple-Store-or-Google-Play-Purchases
Each and every day, the Apple Store and Google Play release more and more sophisticated apps to help you manage just about every part of your professional and personal life. Yet when it comes to claiming apps you use for work as business expenditure ...
https://help.gosimpletax.com/hc/en-gb/articles/200364919-Google-Glass
We deal with tools, equipment and software elsewhere, but we wanted to address a question being regularly asked about the increasingly popular piece of kit which because it can travel with you anywhere and serves many functions, it is difficult to ...
https://help.gosimpletax.com/hc/en-gb/articles/200357109-Co-working-Space-
Can I claim? Yes. Conditions You can claim your office rent against income in your accounts, so it follows that you can also include any costs due to the rental of a co-working desk. If you work as a hairdresser and hire a chair rather than a desk, ...
https://help.gosimpletax.com/hc/en-gb/articles/200824385-Car-Maintenance
Can I claim? Yes. Conditions As a self-employed person using your car/van for your work, you can claim maintenance against your income tax. Private use must be ignored but you can include all VAT charges if your business is VAT registered. On ...
https://help.gosimpletax.com/hc/en-gb/articles/200836125-Business-Flyers
Can I claim? Yes. Conditions You can claim eligible tax relief on any marketing and advertising costs whatsoever. Promoting your business is one of the most important expenditures for a new self-employed worker. This business investment is ...
https://help.gosimpletax.com/hc/en-gb/articles/200824495-Credit-Card-Interest
Can I claim? Yes. Conditions You can claim for charges incurred as the result of interest paid on company credit cards as long as the item being charged is applicable to your business. As you may expect, you can claim the full amount if the credit ...
https://help.gosimpletax.com/hc/en-gb/articles/200824455-Hootsuite-Buffer-or-other-social-media-tools
Can I claim? Yes. Conditions Do take into account that if you use the service or product for both home and business, you are only entitled to claim the business percentage of its use. On SimpleTax It falls under "Software" expenditure in your ...
https://help.gosimpletax.com/hc/en-gb/articles/200835915-Car-Purchased-to-Visit-Clients
Can I claim? Yes. Conditions The purchase of a vehicle used in your business is an allowable (capital) expenditure and can be deducted from your earnings. However, to qualify as ‘allowable expenditure’, it must be 'wholly and exclusively' for ...
https://help.gosimpletax.com/hc/en-gb/articles/200830285-iPad-or-iPhone
Apple products, along with other smartphone and tablet devices, have revolutionised the way we work, rest and play, but when it comes to your business, you’re not sure where to start with claiming your iPad or iPhone as a business expense on your tax ...
https://help.gosimpletax.com/hc/en-gb/articles/200828945-Adobe-Creative-Cloud
So, you subscribe to Adobe Creative Cloud to produce the best results for your clients. Or perhaps you’ve invested in other software, tools or online subscription services to help you get the job done, but you aren’t sure what you can and can’t ...
https://help.gosimpletax.com/hc/en-gb/articles/200361399-Coffee-Tea-and-Cookies-for-your-Staff
Whether its to provide refreshment for our clients or to keep our staff fully replenished and firing on all cylinders, we usually end up spending quite a bit on drinks and snacks in the course of running our business, but the rules around claiming ...
https://help.gosimpletax.com/hc/en-gb/articles/200371439-Facebook-Ads
Can I claim? Yes. Conditions: Business expenditure. 100% deductible under advertising. Advertising, and other forms of marketing, are powerful tools for any small business and freelancer. The trouble is, it can also be very expensive. The HMRC, ...
https://help.gosimpletax.com/hc/en-gb/articles/200364019-Electricity-Bills
Can I claim? Yes. Conditions As a freelancer you are allowed to claim for your office utility bills, including when you work from home. Your utilities include: electricity, gas and water. What you need to understand, however, is the difference ...
https://help.gosimpletax.com/hc/en-gb/articles/200831195-Bus-Tickets
Can I claim? Yes. Conditions To be able to claim, you must be able to meet two conditions: You must be able to draw a firm line between personal and business travel expenses And you need to be able to say very clearly which is which. Only the ...
https://help.gosimpletax.com/hc/en-gb/articles/200818985-Credit-Card-Annuity
Can I claim? Yes. Conditions The use of a credit card can be included for tax relief purposes providing the use is appropriate and business-related. Whether the account is being used as a means of credit or simply the best way to segregate costs. ...
https://help.gosimpletax.com/hc/en-gb/articles/200828895-Bicycle-Travel
Travelling to work by bike and wondering if you can claim anything on your tax assessment? Recently bought a bicycle specially for your self-employed business and not sure where you stand when it comes to counting it as an expense? Can I claim? Yes. ...
https://help.gosimpletax.com/hc/en-gb/articles/200835825-Home-Gym-Improvement
Image provided by Personal Trainer Pioneer Can I Claim? Yes and No. Conditions Any business related expenditure can be eligible for tax relief. As a freelancer who regularly works from home, you might decide to use your home as your office. This ...
https://help.gosimpletax.com/hc/en-gb/articles/200842915-Broadband
Can I claim? Yes. Conditions The costs associated with broadband services can be considered for tax relief but if you work from home the total will have to be adjusted accordingly (1). If you work out of premises dedicated solely to your business, ...
https://help.gosimpletax.com/hc/en-gb/articles/200361409-Bank-Fees
Can I claim? Yes. Conditions Tax is not the only certainty in business, there are also bank charges to consider. When it comes to bank accounts there two kinds available. Personal Business If you do decide to make a claim against the monthly fee ...
https://help.gosimpletax.com/hc/en-gb/articles/200355859-Computer-or-Laptop
Can I claim? Yes. Conditions Your business is sure to make use of a computer or laptop so yes, you can claim. If business use is 100% then claim the full purchase price. However, if you use it for both home and work then you can only allocate a ...
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