Khpalwaak - SA - Khpalwaak

Understanding the sources of income under Self-Assessment (SA), including employment, self-employment, and property income
Recognising reliefs and deductions available under Self-Assessment (SA) and the rules governing assessment and basis periods
Calculating tax liability and tax due, including National Insurance contributions
Completing and finalising the personal tax return (SA100) and supplementary returns (SA102, SA103, SA105)
Understanding and applying Capital Gains Tax, allowable and disallowable expenses, and Capital Allowances for individuals
Managing Self-Assessment payments on account and understanding their implications
Using MS Excel for Self-Assessment computations and commercial software for SA liabilities and returns
Navigating commercial Self-Assessment (SA) software for accurate tax calculations
Drafting and finalising Self-Assessment tax returns, including supplementary returns based on individual circumstances
Ensuring compliance with Self-Assessment rules and regulations, including accurate National Insurance computations and reliefs