Personal Tax Training on Tax Return and Self Assessment

How to do tax return

Firstly, you need to be registered with HMRC to process your tax return. You should get an UTR (Unique Tax Reference) no, which is your personal identification no for tax purpose. Once you have details for all incomes and expenditure, you can submit electronically to HMRC. The deadline for submitting personal tax return is 31 January for the previous tax year.

Apply for a Tax Rebate

It is possible that you could be eligible for a tax rebate.

Most possible scenarios are

• When you pay more tax then required
• Submitting incorrect tax return
• Claiming special Tax relief

There could be many more reasons why should you get a tax refund. It is vital to know the scenarios under which you should apply for a tax rebate.

Why Should I join Personal Tax Training

Most self employed people and directors of companies have to do submit Tax Return every year. If you are a self employed person you may learn how to do tax return yourself. As a result you can save money by not having to pay to an external agent. Don’t forget You can also save more money as you will know more on how to apply for a tax rebate. According to statistics, more than 60% of taxpayers not sure how to do tax return correctly and loose money for not knowing how to apply for a tax rebate correctly.

If you want to offer tax services to general public, then skills on this sector can dramatically improve your job prospect or business prospect.

Training Content

• Identify the type(s) of returns that may be completed
• Understand the duties and responsibilities of a bookkeeper / tax agent when completing self-assessment tax returns
• Calculating the taxes on profits for Self Employed & on income for Employed individuals
• Understanding differences between Drawings & Dividends
• Introduction to UTR and NI Classes
• Understanding Tax Return submission procedures to HMRC (using 2 individual Scenarios)
• Analysing Class 2 & Class 4 NIC
• Analysing Personal Allowance
• Analysing Income from Self Employments
• Employment benefits Analysis
• Analysis of Car & Fuel benefits
• Analysis on savings and investment income and tax implications on them.
• Introduction to Capital Gains Tax analysis
• Introduction to Inheritance Tax Analysis
• Understanding the procedure for payment and administration of both tax and National Insurance Contributions

Personal Tax Study Options

Classroom Based from our London Campus in UK.

Or Join Online Live through our Virtual learning Campus.

You can also join this course when you book as part of Total Taxation Training or Total Accounting Training Package.

Duration

2 weeks (once a week)

Availability

We run many sessions on Personal Tax courses throughout the year due to increased demand, contact an adviser to find more on our next intake of Tax courses in UK.

Timing

Weekday and Weekend sessions are available

Personal Tax Training Fees

*Discounted Fees are available for Limited Period.

Enrol Online

Payment Options

You may choose any of the following options to pay for your course

By Debit/Credit Card: You can pay in full on our website using the Enrol Online option. You may be eligible to claim a free Tablet PC (Eligibility Criteria Applies, Find More Here)

Flexible Payment Option: You may consider paying your fees over 6, 9, or 12 monthly instalments at 0% Interest through Student Loan. Initially, you pay 10% of the course fees and then the rest of the amount over the loan period as a monthly direct debit. Our payment plans are provided by Duology Finance, any credit agreement you enter into is subject to a credit check and will be governed by Duology/Omni Capital Retail Finance’s terms and conditions. (Find More Here)
Employer Funded: If your current employer is likely to fund the Course, please send us your employer details (Name, Address, email address, Telephone, and Contact Person) and we will send a Customised Course proposal to ensure a smooth enrolment experience. An invoice for the Employer can also be raised if required. (Find More Here)

Once payment is completed, please complete the enrolment form provided in the welcome/Course Enrolment Confirmation email.

Booking with Deposit

Fees are discounted for a Limited period, therefore early booking is always advisable, you can book your course by paying as little as £100 Deposit* specially if you are not ready to start your course now. Therefore, even when the course fee increases it does not affect you. When you book with a deposit, we can book your place for 6 months from the payment date. If you start the course within 6 months of the booking the deposit amount will be deducted from the total Course fees.

Click Here to book with a deposit.

*Please note, all deposit payments are non-refundable.

If you have further questions about the course please complete the “Get Course Information Kit” form to get the updated fee information.

On completion, you should receive an email with the updated course fee information & available Course start dates. One of our course advisors will also be in touch to check whether you require any further support.

Additional 10% Discount Available for Individuals who are working or worked within the last two years, as a key worker in the following sector:

• NHS
• Health and Care
• Supermarkets
• Transport
• Education
• Security
• Armed Forces

Terms:

1. Evidence of employment is required
2. Course funding must be by the individual
3. Discount is not available with any other offer

This course is being offered as Classroom-based or Online Live based. Finally, please get in touch to find out the course fees and whether you qualify for the course by calling on 0203 608 7179 or fill out the “Get Course Information Kit” form on this page. One of our specialist course advisers will get back to you within 1 working day.

This course could be Free when you book Total Taxation Training or Total Accounting Training Package.