Demystifying Your Personal Tax Return

The only course you need to prepare your own personal tax return for HMRC
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2,953 students enrolled
Instructed by Emily Cheshire Business / Finance
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  • Lectures 14
  • Length 1 hour
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 11/2015 English

Course Description

Do you have to submit your personal tax return to HMRC by January the 31st deadline?

Does the thought of doing a tax return seem daunting and do you at times struggle to understand what information they are asking?

This course will teach you the elements of a tax return in simple to understand language.

This Course Really Does Make Submitting Your Personal Tax Return Easy!

What does the course include:

  • Over an hour of videos and 14 lectures
  • Free downloadable business expense template and profit calculator
  • A walk-through example of completing a tax return
  • A breakdown of the common entries in a tax return
  • Learn how to calculate your self employment income
  • Learn what expenses you can claim for

I am a chartered accountant working in practice and have discovered that many people who work for themselves find submitting their tax return a daunting experience - especially if it is the first year!

The tax return is actually very simple to submit in the majority of cases and I will show you what you need to include in each section of the return as we go along.

How is the course taught?

This course is taught via a series of videos and at the end of the course we actually go through a full tax return so you can understand where you input all the information you have learned throughout the course.

Upon completing this course you will be able to submit your own tax return (without the cost of an accountant) and feel confident at calculating your own self employed income and expenses.

What are the requirements?

  • This course is at a beginner level and no knowledge is assumed
  • All the course materials are provided as lecture resources throughout the course

What am I going to get from this course?

  • Calculate their self employed income
  • Understand how to register for Self-assessment
  • Be aware of the filing deadlines
  • Feel confirdent in submitting your own personaltax return to HMRC

Who is the target audience?

  • This course is for people who need to submit a personal tax return to HMRC

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Introduction

At the end of this lecture you will know whether this course is the right one for you!

Section 2: Registration & Important Dates

This lecture will teach you how to register with HMRC for the self assesment tax return and what information you will need to do so.


We explain the important tax deadlines for your diary so you can make sure everything is submitted and paid on time, helping you to avoid some nasty fines.

Section 3: What to include on your tax return

At this end of this lecture you will have knowledge of the types of income and expenses which are required to be included on your own personal tax return.


Learn how to calculate your self employed business profit.


Learn what cash accounting is and whether you meet the requirements set by HMRC to use this method for calculating your business profit.


Gain an undrestanding of what accrual accounting is and how it should be calculated.

Section 4: Expenses

Explore the types of expenses that you are permitted by HMRC to use in your profit calculations.

Section 5: Capital Allowances

Learn about what capital allowances are, what HMRC allows you to do with them and how they affect your tax return.

Section 6: Other Tax Return Items

Learn how to calculate property income and how to treat property losses.


Learn why these should be included on the tax return and how they are beneficial.

Section 7: Losses
Section 8: Let's Go Through A Tax Return

Let's finally have a look at a tax return going through it box by box so you can feel confident completing your own personal tax return.

Section 9: Conclusion

You should now feel confident to go ahead and complete your own personal tax return.

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Instructor Biography

Emily Cheshire, Chartered accountant and entrepreneur

Emily is a chartered accountant who has ran successful accountancy practices.  She is a cloud accounting expert.

Emily is currently a self-employed financial consultant and management accountant.

She has a vast breadth of experience working in a variety of industries but specialises in digital creatives and start-up companies.

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