Tax Self-Assessment
- Tax

Make Tax Self-Assessment A Breeze By Doing It Yourself

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With the deadline for submitting your self-assessment tax return looming, it’s time to get started. But not all of you will be able to spend hours on end going through receipts and remembering every expense from last year because, well, life got in the way. With so much to do and so little time to do it, wouldn’t it be great if there was a capable assistant out there who could take care of things for you? Lucky for you, Anna Money can help!

Introduction

Are you one of the millions of people who dread tax season? If so, you’re not alone. Tax self-assessment can be a daunting task, but it doesn’t have to be. By doing your own taxes, you can take control of the process and ensure that everything is done correctly.

While it may seem like a lot of work, doing your own taxes is actually quite simple if you have all the necessary information. In this blog post, we’ll walk you through everything you need to know to make tax self-assessment a breeze. We’ll cover topics like what tax self-assessment is, why you should do your own taxes, and how to get started.

So if you’re ready to take control of your taxes and make self-assessment a breeze, read on!

How to File A VAT Return Online

If you’re a business owner in the United Kingdom, you know that Value-Added Tax (VAT) is a mandatory tax that must be paid to the government. What you might not know, however, is that you can actually file your VAT return online using HM Revenue and Customs’ (HMRC) website.

Filing your VAT return online is actually quite simple and straightforward, and it can save you a lot of time and hassle in the long run. Here’s a step-by-step guide on how to do it:

  1. Go to the HMRC website and create an account. You’ll need to provide some personal information as well as your business’ VAT registration number.
  1. Once you’re logged in, click on the “Self Assessment” tab and then select “VAT Returns.”
  1. On the next page, you’ll see a list of all the VAT returns that are due. Select the one that corresponds to the period you want to file for and click “Submit Return.”
  1. On the following page, you’ll need to enter all of your business’ VAT details, including sales, purchases, and expenses.

Why Should I Use The Anna Money App?

If you are self-employed, you may be wondering if it is worth it to do your own tax return. After all, who has the time? The truth is that doing your own tax return can actually be a breeze. And there are lots of benefits to using the Anna Money app to do it. Here are just a few: 

-You will save time:

The Anna Money app can save you hours of work by doing all the calculations for you.

-You will get accurate results:

The Anna Money app uses state-of-the-art software to calculate your taxes quickly and accurately.

-You will get peace of mind:

Knowing that your taxes are done correctly will give you peace of mind.

Conclusion

Tax season can be a daunting task, but it doesn’t have to be. By taking the time to do your own tax self-assessment, you can save yourself a lot of time and hassle. Not only that, but by doing it yourself you can ensure that the information is accurate and up to date, which will give you peace of mind when filing your taxes. So what are you waiting for? Start planning your Tax Self-Assessment today!

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