Just thought id sahre, I went self employed in June 2012 so have just past the 1st full year trading woop woop.
My first self assessment is due online by end Jaunuary 2014 or paper by end december 2013 i think.
Is it really as easy as costs-sales=difference when it comes to doing the book keeping. Also i have been paying the £2 something a week in national insurance, but my net profit is well below 5k, can i claim back what i have already paid in NI while ive been self employed.
Thanks