SATR CoachSelf Assessment, decoded

HMRC updates for sole traders

Sole traders report business and personal tax on one Self Assessment return. Updates here cover allowable expenses, Class 2 and Class 4 National Insurance, VAT registration thresholds, and the annual filing cycle.

Updates begin soon — meanwhile, start with GOV.UK's Self Assessment guidance.

SATR Coach is independent guidance, not tax, legal or financial advice, and is not affiliated with HMRC or GOV.UK. Always check GOV.UK or speak to a qualified accountant or tax adviser for your own circumstances.