HMRC E-Learning

Do you have a lot of questions about Income Tax, National Insurance, business records and expenses?

“I did not have too much money, so I gathered all my business information through networking and free resources such as The Prince’s Initiative”

Joan Mulvenna, 52 years, Manchester, Garden Design Manchester


HM Revenue and Customs (HMRC) have created an exceptional online learning service to help you understand all the financial elements of settting up your own business, click here to access the e-learning course.

The course will take you through a variety of financial areas related to self-employment.  The beauty is, that you can do it at your own pace, and it’s interactive. The aim of this e-learning package is to give you, as a self-employed person, information on what you need to do to stay on the right track with HMRC and save yourself time and money.

The course should only take up an hour of your time but it will cover elements such as:

What you must do when you start your own business

Your legal requirement to advise various authorities

The time limits you have to do this

How to register your self-employment and run through this using HRMC online

Introduce to you the benefits of electronic communication with HMRC and create your online account

What records you need to keep

What expenditure you can claim against your business receipts

How to register for VAT

Taking on employees

Some early thoughts on planning ahead and retirement

Introduce you to various websites where you can get help and access more detailed information