How to submit your VAT return online (video)
Do I need to register my business for VAT? (video)
Video guidance to help you understand if you need to register for VAT/p>
This short video developed by HM Revenue & Customs (HMRC), will help you decide whether or not you need to register your business for VAT.
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How to submit your VAT return online (video)
This short video guide shows you how to submit your VAT return onlineThis short HM Revenue & Customs (HMRC) video shows you how to submit your VAT return online.
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VAT record keeping (video)
Video guidance on VAT record keeping
This short HM Revenue & Customs (HMRC) video explains the importance of good record keeping for VAT purposes.
Please note: the VAT registration threshold changes each financial year - make sure to check the current VAT registration thresholds.
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What is PAYE? (video)
Am I trading or not? (video)
Short video to help you determine if you are trading or notView this short HM Revenue & Customs (HMRC) video (4 minutes 36 seconds) will help you decide whether or not HMRC would consider your buying and selling, including e-marketplace activity, to be trading, and whether you need to tell them about it.
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Tax guide for the self-employed (e-learning)
E-learning tool to help you understand your tax requirements when starting a business
If you decide to start your own business it is important to fully understand tax, National Insurance, business records and expenses. This HM Revenue & Customs e-learning course will provide you with the basic information you need to know.
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What is Self Assessment?
If you have just started a business you may be liable for Self Assessment – find out what is itSelf Assessment is a system HM Revenue & Customs (HMRC) uses to collect Income Tax. Income Tax is usually deducted automatically from wages, pensions and savings. However, people and businesses with other income must report it in a Self Assessment tax return.
For further guidance see understanding Self Assessment and your tax return.
National Insurance
If you're self-employed you pay Class 2 and Class 4 National Insurance depending on your profits. Most people pay through Self Assessment. Read full guidance on National Insurance.
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What is PAYE? (video)
View this short HM Revenue & Customs video (3 minutes 4 seconds) with a simple explanation of when and how to pay PAYE.
For further guidance see PAYE and payroll for employers.
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What is Corporation Tax? (video)
Short video explaining Corporation Tax and who should pay it
View this short HM Revenue & Customs video (3 minutes 32 seconds) with a simple explanation of what Corporation Tax is and who should pay it.
For further guidance see Corporation Tax.
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What is VAT? (video)
Short video explaining what VAT is, how much you should pay and who should pay itView this short HM Revenue & Customs video (1 minute 4 seconds) explaining what VAT is, how much you should pay and who should pay it.
For further guidance see VAT.
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What is the Construction Industry Scheme? (video)
Short video explaining what the Construction Industry Scheme is, who should register and how it works
View this short HM Revenue & Customs (HMRC) video (4 minutes) explaining the Construction Industry Scheme - who should register and how it works.
For further guidance see Construction Industry Scheme.
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