Understand how to comply with financial and taxation requirements when setting up a home based childcare setting
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Question 1 of 4
Which two types of National Insurance may self-employed people need to pay?
Class 4
Class 1
Class 3
Class 2
Which of these can you claim a percentage of as expenses? Select the four correct answers.
Council tax
Mortgage payments
Rent
Water rates
Heating and lighting
TV licence
Which of these do you need to keep receipts for in order to claim them as allowable expenses? Select the three correct answers.
Washing machine
Items that cost more than £10
Television
Public liability insurance
First aid training
HMRC would like you to register online for self assessment? Is this statement true or false?
TRUE
FALSE
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You scored: 0 out of 4