When should a freelance writer register for self-assessment with HMRC? What do they need to file and what records should they keep? And how can they minimise the amount of tax they need to pay? Join tax consultant and honorary treasurer of the Society of Authors, Barry Kernon, as he discusses all these burning questions and more in this special Q&A live podcast recording from the offices of HW Fisher, hosted by the Advisory Clinic’s Johanna Clarke and Theo Jones.
SoA Sounds podcast episodes – The Society of Authors
HW Fisher – UK Chartered Accountants – London
Barry Kernon – Consultant – HW Fisher
Check if you need to send a Self Assessment tax return – GOV.UK
Pay Class 2 National Insurance if you do not pay through Self Assessment: Overview – GOV.UK
Self-employed National Insurance rates – GOV.UK
File your Self Assessment tax return online – GOV.UK
Reasonable care: tax returns and other documents – GOV.UK
Expenses if you’re self-employed: Overview – GOV.UK
HS234 Averaging for creators of literary or artistic works (2023) – GOV.UK
Overview of Making Tax Digital – GOV.UK
Making Tax Digital (MTD) VAT spreadsheet bridging software | AbraTax
Set up a private limited company: Limited companies – GOV.UK
Running a limited company: your responsibilities: Directors’ responsibilities – GOV.UK
Set up a business partnership: Setting up – GOV.UK
Business Relief for Inheritance Tax: Overview – GOV.UK
Public Lending Right (PLR): Eligibility & Registration – The British Library
Register for VAT: Cancel your registration – GOV.UK
Self Assessment tax returns: If you no longer need to send a tax return – GOV.UK