Tax Returns for Self-Employed Mechanics

If you are a self employed mechanic completing your self assessment tax return is a yearly task which needs to be done on time to avoid late penalties from HMRC.

It takes time, patience and, usually, headache tablets to get through it. Quite a bit of time spent on understanding what you need to do; even more finding the relevant information; and an unknowable number of minutes waiting in HMRC’s phone queue.

Even when you make the deadline, there’s still the possibility of being fined for making a mistake hanging over your head.

You can learn more about the tax return process and what expenses you can claim for in our self assessment tax return guide.

 

If you enjoyed this article please share it with your friends: