Preparing for Self-Assessment

Two sole traders preparing for self-assessment
Details
Date:

October 22

Time:

10:00 am - 01:00 pm

Event Category:

Display, startup

Click to Register: https://www.eventbrite.co.uk/e/preparing-for-self-assessment-guidance-for-sole-traders-tickets-1566117703209
Organizer

Cool Ventures Limited

Website: https://www.eventbrite.co.uk/o/cool-ventures-limited-2352051914
Venue

The Studio

10 Palace Yard Mews, Bath, BA1 2NH

Bath, England, GB, BA1 2NH

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.

Are you unsure how to calculate your annual business profit?

Wondering what you can claim as expenses?

Does the thought of doing your tax return, make you overwhelmed or anxious?

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.

A bit about your presenter:

This webinar will be run by our business start-up expert Emma Smith, who runs a number of businesses and has been advising individuals on how to start and run a successful business and obtain funding for over a decade.

Essential information:

Your booking for this webinar is provisional until you have enrolled for the free Business Support Service. Enrolment is via a short online form – if you are not enrolled already, a link will be emailed directly to you.

If you are unable to attend this event, we require at least 2 working days notice for cancellations to enable us to offer your place to someone else. We reserve the right to cancel your place if you are not eligible for this service. 

All participants of the service are eligible to receive up to 12 hours of free support. This equates to a maximum of 4 events per participant. Funded by the UK government through the UK Shared Prosperity Fund.

Cool Ventures Ltd is accountable for protecting your personal data. Please access our latest company Privacy Notice here.

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