Useful Resources
Mileage and fuel rates
Mileage and fuel rates If you’re self-employed, you can claim travel expenses using the flat rates below instead of the actual costs of insurance, repairs, fuel etc. If you’re an employee using your own car for business travel, your employer can ...
Self Assessment penalties
Self Assessment penalties HMRC can issue penalties if you: Pay your tax late; Submit your tax return late; Don't tell HMRC about changes in your tax affairs; Don't take reasonable care and understate the tax you owe. When HMRC issues a penalty, they ...
Useful HMRC resources
Useful HMRC resources HERE’S ARE THE LINKS THAT YOU’LL FIND MOST USEFUL: HMRC app: https://www.gov.uk/guidance/download-the-hmrc-app HMRC MTD overview: https://www.gov.uk/government/collections/making-tax-digital-for-income-tax Register for MTD: ...
Tax Terminology (Jargon Buster)
Tax Terminology (Jargon Buster) We know tax can seem complicated, so we try our best to use everyday language in our ApariPro products. Here are some explainers for tax-related jargon: ACCOUNTING METHOD: CASH VS ACCRUALS Most self-employed people and ...