How I made filing my tax return easier

Apr 14, 2023

Bestie, this is your reminder to submit your tax return sooner rather than later!

 

Since we are in tax time of year, I want to share with you some of the little hacks that I do which make filing my return so much easier.

 

  1. I got an accountant.

A tax return is something you can do yourself but if you are like me and don’t want the added stress then I highly recommend you find one.

 

  1. Save 20% of my income throughout the year.

I made a savings account and put 20% of my income in there ready for my tax bill.

 

  1. File and pay my tax bill ASAP.

You do have until January 31st to file and pay your tax but I like to do this as soon as possible. Mainly just to get it out of the way but I would recommend this anyway because if you haven’t been saving for it, the sooner you submit it, the longer you have to pay it off.

 

  1. Keep all receipts!

You’re going to want these to claim back any expenses.

 

If you are not sure if you have to pay tax, the answer is if you earned over £1000 last year then yes you do. It’s always a great idea to do things the right way and honestly. Please don’t think you can dodge the tax man - he will catch up with you eventually. Boss bitch vibes is to pay your tax on time.