Understand tax implications if you work in the childcare industry
Tax help for your business type
Interactive e-learning courses on tax for child carers, dentists and foster carers
If you are thinking about starting your own business you will probably have lots of questions about tax, National Insurance, employing people business records and expenses.
HMRC has developed a range of industry specific e-learning tools that will help guide you through everything you need to know to get started. The courses cover the following industries:
They include useful tips from real-life individuals and businesses who have been where you are now and practical case studies to help you along the way.
Understand tax implications if you work in the dental industry
Most dentists provide general dental services through their NHS or private practices and are independent contractors. This HM Revenue & Customs (HMRC) e-learning course will tell you how self-employment, employment and practice organisation affect tax.
For practice owners it will also explain income, expenses and record keeping for tax purposes.
Understand tax implications if you work in foster care
HM Revenue & Customs (HMRC) know that foster caring is an important service in the community. They know that foster carers are not the same as people who sell goods and services to others. For this reason, there's a special scheme for foster carers called 'qualifying care relief'.
This HMRC e-learning course will provide you with the information you require relating to tax and National Insurance if you are a foster carer. It will also tell you an easier way to work out your profit.