Despite signing up to Beamin, as a sole trader you’ll still have a few responsibilities to make sure your taxes are taken care of. For instance:
- You are responsible for ensuring that you have your Government Gateway ID setup and are able to use this to get set up as a Beamin’ user.
- You are responsible for providing us with your VAT Number.
- You are responsible for providing us, via the app, with information on all of your additional income.
- You are responsible for paying all of your additional or outstanding liabilities to HMRC.
- As a Sole Trader, you are solely responsible for completing your end-of-year Self-Assessment Tax Return.