Now that the sun is shining, you’re probably going to be a bit
busier, so it’s important to keep control of your earnings and
understand the tax side of things if you’re a self employed
As a self-employed gardener, there are several ways to trim down
the amount of tax you pay every year. It is just a matter of
knowing where tax deductions apply.
Tax Deductibles for Self Employed Gardeners
- From Business tax
You can take business deductions for everything ordinary and
necessary in running your business. From gardening tools to
employee wages, you are eligible for tax deductions. Capital
purchases, such as buildings, machinery and vehicles, are also tax
deductible. You can spread the deduction of a capital purchase,
according to the number of years a particular item is expected to
- From vehicle tax
You can take tax deductions for vehicles used for business.
However, if the same transportation is used for personal use,
deductions only apply to the miles you drive for business.
It is important to keep clear records of all tax deductions,
whether small or large, especially with vehicle use tax deductions,
since you need to establish miles driven for business and personal
needs. Without clear records, you could lose a chance to trim down
tax payments. All business-related costs must have receipts as
Business income reporting and tax payment
You are considered a self-employed gardener if you are in
business for yourself as a gardener. This means you need to report
your income to HMRC. It is important that you file your quarterly
estimated tax payments according to the schedule set by the tax
people. In addition to the business income tax, you also need to
pay self-employment tax that includes Social Security and
Think you may be due a tax refund? Apply here to get
your tax back.