Article preview: If you’re self-employed, dealing with your tax affairs is critical to your financial success, and for avoiding a nasty shock in the future. The various Covid-19 pandemic financial relief schemes announced by the government offered some tax deferment for the self-employed. But deferring tax means still having to pay the liabilities. It’s essential to be aware of your new obligations and the timings for future payments.
Tax warning for the self-employed
£32.00
This 783-word blog post explains the implications for self-employed people of falling income and deferred self-assesment tax bills, including some calculations and commentary from Royal London. Written on 14th October 2020.
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