Set up Self Assessment

Be confident about how much income tax you owe – all year round. QuickBooks will auto-calculate your figures and sort your expenses into categories. This is only based on the data held in QuickBooks. We can’t calculate information that is not held in QuickBooks e.g. other income, or overseas dividends, etc.

For this to be possible, you will need to do the below as a minimum to help you get there.

Self Assessment checklist:

• Connect your bank account and credit cards
• Categorise and match your transactions
• Record all your expenses
• Track your mileage

Once you have done all the above then head to the Income Tax for Self Assessment form