Tax2u Limited
Tax2u Limited
  • 38
  • 1 440 612
Report A Capital Gain To HMRC In 15 Minutes
This video shows how to report a capital gain to HMRC on the self assessment tax return for the 23/24 tax year.
Check out our services using the links below:
Claim a CIS tax refund now. click here: bit.ly/EarlyBirdTR
To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number
If you need help with your Tax Return click here bit.ly/cis-rebate
zhlédnutí: 357

Video

How to report RENTAL INCOME on the self assessment tax return 23/24 -Tutorial
zhlédnutí 2KPřed měsícem
This video shows how to complete the self assessment tax return for the 23/24 tax year if you have rental income from property. Check out our services using the links below: Claim a CIS tax refund now. click here: bit.ly/EarlyBirdTR To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis-rebate
How To Complete The Self Assessment Tax Return For Self Employment 23/24
zhlédnutí 20KPřed 3 měsíci
This video shows how to complete the self assessment tax return for the 23/24 tax year if you are self employed. Check out our services using the links below: Claim a CIS tax refund now. click here: bit.ly/EarlyBirdTR To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis-rebate
HOW TO CLAIM A CIS TAX REFUND - IN 3 STEPS
zhlédnutí 6KPřed 4 měsíci
This video explains how to claim a CIS tax refund if you work under the construction industry scheme in the UK. Including the 3 entries that you would need to make on the self assessment tax return to trigger a repayment of overpaid tax. Claim a CIS tax refund now. click here: bit.ly/EarlyBirdTR To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your T...
3 tips to successfully appeal a late filing self assessment penalty from HMRC
zhlédnutí 2,9KPřed 5 měsíci
This video explains how to successfully appeal a self assessment late filing penalty from HMRC. To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis-rebate
Missing 31st January Self-Assessment Deadline - What you should do
zhlédnutí 3,3KPřed 7 měsíci
To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis-rebate Here's what happens if you miss the 31st January self assessment deadline. In todays video I'll be covering: - When the deadlines are - The penalties that will apply - How to appeal a penalty
DO YOU NEED TO COMPLETE A TAX RETURN - SELF ASSESSMENT
zhlédnutí 2,9KPřed 7 měsíci
To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis-rebate Do you need to complete a self assessment tax return? In todays video I'll be covering: - The 5 most common reasons to complete a self assessment tax return - What you need to do if one of these apply to you - Deadlines - How to tell if your employed or self...
How To Cancel Your Self-Employment - Step by step
zhlédnutí 2,9KPřed 7 měsíci
To cancel your self-employment (UTR) click here: bit.ly/cancel-utr To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis-rebate If you've ceased trading then it may be time to cancel your self employment. In this video I'll cover: - Reasons to de-register - Criteria for de-registration - 2 steps of de-registration -Ad...
Self employed v Limited company - For a start up business
zhlédnutí 4,4KPřed 11 měsíci
Which setup is best for s start up business? Self employment or a Limited company? - This is a question we get asked a lot at Tax2u, with many small businesses making a decision before they know all the facts. So here's all the info you need to know before you decide on your UK business setup. Need to register for self employment? - Click below bit.ly/utr-number
How To Register For Self Assessment - UK Tax
zhlédnutí 3,9KPřed 11 měsíci
If you're self employed, running a business or you have income that needs reporting to HMRC then this video explains how to register yourself for self assessment tax. I also cover common reasons for self assessment registration and provides access to our simple UTR registration form. To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return cl...
Payments on Account - How to REDUCE self-assessment payments on account
zhlédnutí 4,5KPřed rokem
If you complete a self assessment tax return you may be asked to make payments on account towards the following years tax liability. In this video I'm explaining when payments on account apply and I'll show you how to reduce your payments on account. Need help with your tax return? Use one of the forms below To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need hel...
How To Report A Capital Gain To HMRC via Self Assessment Tax Return
zhlédnutí 18KPřed rokem
Tutorial of how to report a capital gain to HMRC via the self assessment tax return. Including: - How to tailor your return - How to report the capital gain - Understanding the tax calculation Need help with your tax return? Use one of the forms below To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis-rebate
How to Report Rental Income On The Self-Assessment Tax Return 22/23
zhlédnutí 83KPřed rokem
This tutorial shows landlords how to report different types of rental income on a self assessment tax return for the 22/23 tax year. Need help with your tax return? Use one of the forms below To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis-rebate
How To Complete The 22/23 Self Assessment Tax Return - SELF EMPLOYED
zhlédnutí 223KPřed rokem
If you're self employed, this tutorial will demonstrate how to complete the 22/23 self assessment tax return. The on screen walkthrough will show which entries need to be made as a self employed individual. Need help with your tax return? Use one of the forms below To register for self-assessment (UTR/CIS) click here: bit.ly/utr-number If you need help with your Tax Return click here bit.ly/cis...
How to get a UTR Number for self assessment
zhlédnutí 24KPřed rokem
Today I'm answering "what is a UTR number?" - I'll do this by covering: - What UTR stands for - Why you need a UTR number - How to apply for a UTR number - Where you can find your own UTR number - What your responsibilities are once you have a UTR Don't forget you'll need a UTR number in order to complete your self assessment tax return - Here's everything you need to know about Self-Assessment...
How to claim a CIS TAX REFUND in 15 minutes
zhlédnutí 19KPřed rokem
How to claim a CIS TAX REFUND in 15 minutes
How To Remove Payments On Account From Your Self Assessment in 5 MINUTES!
zhlédnutí 10KPřed rokem
How To Remove Payments On Account From Your Self Assessment in 5 MINUTES!
Ltd Company Director/Shareholders - How to Complete A Self Assessment Tax Return Tutorial in 20 MINS
zhlédnutí 11KPřed rokem
Ltd Company Director/Shareholders - How to Complete A Self Assessment Tax Return Tutorial in 20 MINS
How will my UK Side Hustle get taxed?
zhlédnutí 14KPřed 2 lety
How will my UK Side Hustle get taxed?
UK's 60% HIDDEN TAX RATE - Don't pay this!
zhlédnutí 10KPřed 2 lety
UK's 60% HIDDEN TAX RATE - Don't pay this!
Declaring employment income on the 21/22 self assessment tax return
zhlédnutí 29KPřed 2 lety
Declaring employment income on the 21/22 self assessment tax return
How To Report RENTAL INCOME On A Self Assessment Tax Return UK
zhlédnutí 98KPřed 2 lety
How To Report RENTAL INCOME On A Self Assessment Tax Return UK
What is the CASH BASIS for UK self assessment tax?
zhlédnutí 23KPřed 2 lety
What is the CASH BASIS for UK self assessment tax?
How to avoid HMRC self assessment tax investigations - AVOID THESE MISTAKES!
zhlédnutí 330KPřed 2 lety
How to avoid HMRC self assessment tax investigations - AVOID THESE MISTAKES!
CIS SELF ASSESSMENT - How To Maximise Your Tax Refund 21/22
zhlédnutí 43KPřed 2 lety
CIS SELF ASSESSMENT - How To Maximise Your Tax Refund 21/22
How To Complete The 21/22 Self Assessment Tax Return - Self Employment
zhlédnutí 151KPřed 2 lety
How To Complete The 21/22 Self Assessment Tax Return - Self Employment
How To Form A Ltd Company (UK) 2022
zhlédnutí 5KPřed 2 lety
How To Form A Ltd Company (UK) 2022
Employees - CLAIM A TAX REFUND NOW with employment related expenses
zhlédnutí 10KPřed 2 lety
Employees - CLAIM A TAX REFUND NOW with employment related expenses
How To Report A Capital Gain On A Self-Assessment Tax Return
zhlédnutí 20KPřed 2 lety
How To Report A Capital Gain On A Self-Assessment Tax Return
How To Register As SELF EMPLOYED In 3 Easy Steps
zhlédnutí 103KPřed 2 lety
How To Register As SELF EMPLOYED In 3 Easy Steps

Komentáře

  • @ahmedmaysani2519
    @ahmedmaysani2519 Před dnem

    well done and many thanks, your efforts are highly appreciated.

  • @neojted
    @neojted Před 2 dny

    Thank you for a very detailed video. I use a letting agent to manage my rental property. In "Details for other property income" - "Total rents and other income from property" do I put the full rent paid by the tenants or what I receive from the agent? Thanks.

  • @ajax201000
    @ajax201000 Před 2 dny

    Why is there the burden to pay NIC2 for those whos taxable profits are below £6725 but those who earn £6725 to 12570 dont have to pay, despite the fact they earnt more?

  • @iancarr4593
    @iancarr4593 Před 5 dny

    I was advised by HMRC that I am no longer required to complete a tax return beyond 22/23, however I subsequently realised that I do owe some tax for 22/23, but I am now well beyond the date where I would otherwise have had to submit a 22/23 return. How do I avoid penalties in these circumstances

  • @vivian5361
    @vivian5361 Před 7 dny

    Examples with dates would be helpful :)

  • @vivian5361
    @vivian5361 Před 7 dny

    It is insane that in the UK double entry is the..." traditional accounting" 🫤. Cash basis = single entry.

  • @SupertigerDev
    @SupertigerDev Před 8 dny

    sigh, this looks so complicated. ive just started freelancing and this looks scary

  • @gabemexx
    @gabemexx Před 9 dny

    Very well explained. Thank you! Just to be clear tho, I got a full time job, and I started earning money from CZcams. Until I reach 1000 in earning (just from CZcams) I don't need to do declare anything, am I right?

  • @blueberrypancakes1974

    I keep getting a much higher number than I anticipated, it is as though I am paying 40% tax despite earning well under £45,000 per anumm in both my employed and self-employed jobs?

  • @TruthShallSetYouFree2023

    HMRC is an Agent for the IRS. I live in The UK and submit my tax returns direct to the IRS. Learn the Fraud being committed on the people! czcams.com/video/CvYJ_ovQAJ0/video.htmlsi=RCiGCkVqLmFz4yKg czcams.com/video/NKvacmyLG2A/video.htmlsi=yJVVSbw5u0K-MMTv czcams.com/video/npmvd1Ft7Lo/video.htmlsi=Enkb4iZRcgtg0oge People need to wake up.

  • @yoganand45
    @yoganand45 Před 12 dny

    Hi iam diretor of ltd compamy, my only income salary and divident 23-24yr from same company , how should i file it , is that same as self employment ?

  • @jlbradders
    @jlbradders Před 12 dny

    I've always done my return on time and thought I had again this time. I can actually recall sitting down and doing it. sitting The only thing I can think of is me thinking I'd pressed confirm and then closing the laptop down before receiving confirmation. Ive now got a £900 fine😢. As soon as I realised... I did it immediately and paid what was owed.

  • @soranabarush3618
    @soranabarush3618 Před 13 dny

    Thanks for the explanation. I have seen many videos but this one is unique and covered everything that I needed. Well done!

  • @kaykupa2088
    @kaykupa2088 Před 13 dny

    Hello, I'm seeing this after 1 year of you posting. I need your help please, I'm just starting a business, I already have a Government Gateway and I'm not sure how to go about, do you think this is the right time for me to register or I wait

  • @danielhopwood5985
    @danielhopwood5985 Před 13 dny

    Thank you, ive learnt something, cos i thought capital gains tax was 21% with no allowance, , ,now i find a 6k allowance and only 10% 👍 i wonder if trading C.F.D. is taxable, cos its more like gambling than investing.

  • @Mr23million
    @Mr23million Před 13 dny

    good video , thanks Adam

  • @kking999
    @kking999 Před 14 dny

    what if you have capital gain of 5000 pound do you need to submit capital gain hrmc as you have no income as well

  • @kking999
    @kking999 Před 14 dny

    what if you have no income or self employment just have capital gain like 3000 to 10000 pounds. do you need to submit tax gain or what will be tax on this ?

  • @kking999
    @kking999 Před 14 dny

    what if you have no income or self employment just have capital gain like 4000 to 10000 pounds. do you need to submit tax gain or what will be tax on this ?

  • @kezhere
    @kezhere Před 14 dny

    If I have no capital gains, just a regular salaried job, but I want to report losses from stock trades. Do I also have to start from where you started with taylor your return? Thanks

  • @leeprice9608
    @leeprice9608 Před 14 dny

    Do you guys deal with crypto capital gain tax advice?

  • @colinstratford9952
    @colinstratford9952 Před 15 dny

    Top video, you are a legend!

  • @ajdindindic588
    @ajdindindic588 Před 15 dny

    PLEASE HELP! Does this mean i dont need to do self assessment after all??? I talked with an accountant, he said: As long as you remain a non UK resident, if you pay yourself dividend, the dividend income is classed as disregarded income. Therefore, as long as you have no other UK income, you will not pay tax on the dividend you receive from the company and you will not need to complete self assessment

  • @gillc87
    @gillc87 Před 16 dny

    Great video but your UTR service isn't free. It asks for payment on step 4.

  • @waq4s
    @waq4s Před 16 dny

    Thanks. But I got a 100GBP fine for a day's delay. I also have no clue where to file the reasonable excuse appeal? is there an online link? need to send a physical letter? HMRC site is a mess it keeps taking you here and there but not to the actual link to file the appeal.

  • @user-nx8ii4ef7f
    @user-nx8ii4ef7f Před 18 dny

    It was supposed to take more people out of tax and simplify things! How quickly it was turned to mass entrapment!

  • @Teddy6731
    @Teddy6731 Před 21 dnem

    I am working on my company tax return

  • @gabrielalejandroferrucci5457

    Thaks for your video!! quick question, in the question "did you recieve any dividinds, for example, from UK companies, (or dividends from foreign companies), I recieved a very small amount from US companies, like, 100 pound or less, should I declare yes?

  • @user-py9yx5dg2y
    @user-py9yx5dg2y Před 22 dny

    Can you do one video with one job in McDonald's employment and one self employed please 😅

  • @user-gc4br5by9o
    @user-gc4br5by9o Před 23 dny

    Massive thank you for this, I have now submitted my first tax return and saved myself money rather than paying an accounting company to do it.

  • @charliehumphries211
    @charliehumphries211 Před 23 dny

    Is this video in slow motion

  • @MPM_News
    @MPM_News Před 25 dny

    can i file this anytime

  • @HavingFunWithAvyan
    @HavingFunWithAvyan Před 28 dny

    I have only watched 5 minutes of video so far, but 1000 thanks for doing this video. I got some confidence I can do my self-assessment myself.

  • @HavingFunWithAvyan
    @HavingFunWithAvyan Před 28 dny

    When I lost my previous Job, my employer paid one month of my salary in advance and one month of my salary untaxed. Do I have to include the untaxed salary in the self-assessment application?

  • @norman45197
    @norman45197 Před 29 dny

    Just cancelled my self employment through the online form due to retirement. Question in future years I may have Capital gains to submit on deposable assets, I have a government gate way ID, will I still have access to the self assessment on line form in future tax years to do this, as I have now cancelled my self employed status.

  • @neilwalker1931
    @neilwalker1931 Před 29 dny

    the whole point of SA was supposed to be tax was retrospective but with forced POA you have to find double money. its a rip off draining small business.

  • @shannoncarney8100
    @shannoncarney8100 Před měsícem

    i dont understand why i earned less then 20 k on both incomes and I got taxed 35% on my self employment?

  • @alextang1030
    @alextang1030 Před měsícem

    The uk tax is so fuck up... and none of the tax money goes to the right place.

  • @farhatfaruq78
    @farhatfaruq78 Před měsícem

    @tax2unlimited Hi please could u help me. I am working for a company but I have started Uber eats recently. When filling to get UTR they asked for who u working should I put Uber eats or my name?

  • @ironsoul2633
    @ironsoul2633 Před měsícem

    What a ridiculous rule, who came up with this idea? What if people don't have money to pay 150% of their tax bill??

  • @camelpipe
    @camelpipe Před měsícem

    hi forgive me being a bit thick here. is holiday letting property the same as holiday letting a Lodge on a caravan park ? if not could you point me in the right direction so i can fill in my tax return properly. just want to let out to help with the running costs.

  • @sukottora
    @sukottora Před měsícem

    Thanks for being the grown-up in the room. Really felt confident tackling the tax return on my own.

  • @aroojsaher5059
    @aroojsaher5059 Před měsícem

    I am a self employed driver and trying to register on HMRC and they are asking for business address, I don't want to give my home address as I am renting the place. please guide me what to do. as I am on the HMRC registertion page and stuck with this option.

  • @johnmckinlay9538
    @johnmckinlay9538 Před měsícem

    About 15 years ago I foolishly decided to complete my self assessment and submit it in July, which I now regret. I believe they investigated me because I submitted it too early and they had nothing better to do.

  • @Calastein
    @Calastein Před měsícem

    I simply cannot thank you enough for finally telling us how to do this after years of us, trying to find out from the HMRC who obviously don’t want you to know how to do this because they want everyone to pay in advance..

  • @connercampbell4798
    @connercampbell4798 Před měsícem

    Does it make a difference if me or my wife was to submit the tax return as she isn't working due to looking after our 20 month year old baby and has no income at present, opposed to me submitting it as I'm in full time employment?

    • @chrishartle1326
      @chrishartle1326 Před 10 hodinami

      Everyone gets a personal tax allowance of £12,570 p/year so if your wife isn’t using any of that allowance then I’d say she should submit the tax return, however if the rental property is in both your names you’d have to complete a form to change the split 100% to her.

  • @ipprp7898
    @ipprp7898 Před měsícem

    Do you fill the full mortgage interest cost and let HMRC do the calculation or you out in only remain cost after 20% reduction allowance for BTL mortgage cost . Thank you

  • @socialmedia91
    @socialmedia91 Před měsícem

    I’m more confused now than I was before I watched this video

  • @Ninja-wn8pr
    @Ninja-wn8pr Před měsícem

    why do I have to pay tax in advance ( payments on account) please?

  • @DavidEvans-b5b
    @DavidEvans-b5b Před měsícem

    Crystal clear, very well explained, thank you.