Tips for Self-Assessment Tax Returns, Expenses and Making Tax Digital
Description
Join us on this episode of The Spotlight Podcast for tax tips accountant and tax expert, Mark Carr from Streets. Mark offers his expertise as we discuss Self-Assessment deadlines, allowable expenses, and the forthcoming shift to Making Tax Digital.
Tune in to learn:
- How to register as self-employed and the steps for the Self-Assessment process.
- The difference between registering as a Sole Trader versus setting up a Limited Company, and which might be right for your income level.
- The golden rule for keeping track of your finances and Mark's advice on common mistakes.
- A detailed breakdown of allowable expenses for performers – from your Spotlight membership, travel and training to surprising claims like cosmetic work – and what you absolutely cannot claim.
- Everything you need to know about the forthcoming shift to Making Tax Digital (MTD) and how to prepare for it now.
Listen to this essential episode of The Spotlight Podcast and ensure you meet the January deadline, minimise your tax bill, and stay on the right side of HMRC.
Never miss an episode: subscribe to The Spotlight Podcast on Spotify, Apple Podcasts, Amazon Music, or wherever you listen to your podcasts.
Join Spotlight to be discovered by casting professionals working in theatre, film, TV, voice over, commercials and more! Find out about our membership options and take the next step in your performing career? Apply today.



