I know close to nothing of the world of accountancy and would be thankful for your advice.
In the fiscal year 2019/2020, I was:
- Unemployed from 04/2019 - 08/2019: Earning £0 in total.
- Self-Employed as a motorcycle courier from 08/2019 - 12/2019: Earning £3838.30 in total.
- Employed from 11/2019 - Present: Earning £23,000 per annum.
Whilst Self-Employed, the courier companies I worked for did not pay taxes on my behalf. I have registered as Self-Employed, however don't fully understand the process from here.
How do I calculate the sum I must pay to HMRC?
How and when must I pay?
I have read that I am entitled to claim 24p per mile ridden whilst employed as a motorcycle courier. When and how do I do this? What other expense should I include?
Thank you very much for your time, I would greatly appreciate any assistance.