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For Upwork Freelancers

Tax Return for Upwork Freelancers

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

  • Track contract income
  • Software expense tracking
  • Platform fee support
  • MTD-ready for 2026

Example Tax Calculation

Based on typical upwork freelancers earnings £40,000/year

Gross Income£40,000
Expenses4,000
Taxable Profit£36,000
Income Tax£4,686
National Insurance£1,406

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

Allowable Expenses for Upwork Freelancers

Claim these tax-deductible expenses to reduce your tax bill

Software and Tools

Software subscriptions and tools required for client projects.

Tip: Keep invoices for all software costs.

Platform Fees

Upwork service fees and payment processing costs.

Tip: Download earnings statements and fee breakdowns.

Equipment

Computer, peripherals, and equipment for your work.

Tip: Expensive equipment may qualify for capital allowances.

Home Office Costs

Proportion of rent, utilities, and internet for work.

Tip: Use simplified expenses or calculate actual costs.

More expenses you can claim

Phone and internet
Training and certifications
Accounting software fees
Marketing and profile promotion
Portfolio website
Connects purchases

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 upwork freelancers

Do Upwork freelancers need to register as self-employed?

Yes. If you earn income from Upwork contracts, you must register for Self Assessment.

Can I claim Upwork fees?

Yes. Service fees reduce your taxable income. Track fees separately from gross earnings.

What about foreign client payments?

Declare all income in GBP. Currency conversion and transfer fees are deductible.

Related Guides

Explore tax guides for similar professions

Ready to File Your Tax Return?

Join thousands of UK upwork freelancers who trust QTax for their Self Assessment