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For Consultants

Tax Return for Consultants

Complete your Self Assessment in 8 minutes. Claim all your allowable expenses and submit directly to HMRC.

  • Track project income
  • Travel and subsistence support
  • Professional fees tracking
  • MTD-ready for 2026

Example Tax Calculation

Based on typical consultants earnings £70,000/year

Gross Income£70,000
Expenses6,000
Taxable Profit£64,000
Income Tax£10,286
National Insurance£3,086

*Illustrative example based on 2024/25 tax rates. Your actual tax depends on your specific circumstances.

Allowable Expenses for Consultants

Claim these tax-deductible expenses to reduce your tax bill

Professional Memberships

Industry memberships and subscriptions required for your work.

Tip: Keep renewal receipts.

Travel to Client Sites

Business travel for meetings and on-site work.

Tip: Log dates, destinations, and miles.

Software and Tools

Apps and tools used to deliver client work.

Tip: Include only business-use software.

Home Office Costs

A portion of household bills used for work.

Tip: Use simplified expenses if easier.

More expenses you can claim

Training courses
Business insurance
Phone and internet
Accounting software fees
Marketing and networking

How to File Your Tax Return

Follow these simple steps to complete your Self Assessment

1

Gather Your Documents

Collect income records, receipts, and expense statements

2

Enter Income & Expenses

Add your earnings and claim allowable expenses with our guided flow

3

Review Your Calculation

See exactly how much tax you owe with real-time calculations

4

Submit to HMRC

File your tax return directly to HMRC in minutes

Key Deadlines for 2024/25 Tax Year

Don't miss these important dates

5 April 2025

Tax Year Ends

Calculate your final income and expenses

5 October 2025

Register for Self Assessment

If this is your first year self-employed

31 January 2026

Online Filing Deadline

Submit your tax return and pay any tax owed

6 April 2026

MTD Starts (£50k+)

If your income exceeds £50,000, you must use MTD software

Late Filing Penalties

1 day late: £100 fixed penalty

3 months late: £10/day up to £900

6 months late: 5% of tax owed or £300 (whichever is higher)

12 months late: Additional 5% or £300

Plus interest on any tax paid late. Avoid these costs by filing early with QTax.

Frequently Asked Questions

Answers to common questions about tax returns for consultants

Do consultants need to register as self-employed?

If you provide services independently and invoice clients, you must register for Self Assessment.

Can I claim travel to clients?

Yes. Business travel to client sites is an allowable expense.

What is the tax return deadline?

Online Self Assessment is due by 31 January after the tax year ends.

Related Guides

Explore tax guides for similar professions

Ready to File Your Tax Return?

Join thousands of UK consultants who trust QTax for their Self Assessment