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 online
This short HM Revenue & Customs (HMRC) video shows you how to submit your VAT return online.Select subtypeVideo
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.Select subtypeVideo
Am I trading or not? (video)Short video to help you determine if you are trading or not
View 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.Select subtypeVideo
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.Also on this siteSelect subtypeTool
What is Self Assessment?If you have just started a business you may be liable for Self Assessment – find out what is it
Self 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.
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.
What is PAYE? (video)Also on this siteSelect subtypeVideo
What is Corporation Tax? (video)
Short video explaining Corporation Tax and who should pay itAlso on this siteSelect subtypeVideo
What is VAT? (video)Short video explaining what VAT is, how much you should pay and who should pay itAlso on this siteSelect subtypeVideo
What is the Construction Industry Scheme? (video)
Short video explaining what the Construction Industry Scheme is, who should register and how it worksAlso on this siteSelect subtypeVideo