So, it’s time to pay your self-assessment tax bill

Posted 20th January 2021

The subject of tax doesn’t excite many people. Well, maybe accountants. But unfortunately taxes are a fact of life; and as a self-employed tutor on our platform, you’ll know this more than many!

Here are some good things you may not know about taxes….

  • They don’t bite 🦈
  • The system isn’t there to catch you out 👮
  • The tax man is not going to take all your money 🤑
  • In fact, your first £12,500 of earnings are tax free 💸*
  • If you’re earning under £50,000, you only pay 20% after the first £12,500 💰*
  • If you’re earning more than £50,000….fair play 👏 (but you’ll get taxed more)
  • It doesn’t take days to fill out your tax returns (but it helps if you’ve been tracking your ingoings and outgoings) 📆
  • As a self-employed person, you can claim back on expenses (Pens! Paper! Laptop!) ✏️

Having said that, we understand it can feel a little overwhelming if you’ve not dealt with taxes before. Here at MyTutor we’re not financial advisors, but we can point you towards resources that’ll help:

*for the 2020/21 tax year

As always, if you have any questions or feedback, we’d love to hear from you. You can reach us on or 0203 773 6024.

Start tutoring KS2 with these resources 📚

Over the past few weeks, we’ve seen that lots more parents are looking for KS2 tuiti...

MyTutor Tips & Features

Top tips to safely enjoy the festive season 🎄

3 months ago

This article is written by our guest blogger Lauren Johnson, who tutors English and Me...

MyTutor Tips & Features

Beyond the Curriculum: How tutors can inspire students to think beyond set texts

1 month ago

This article is written by our guest blogger Abby Spreadborough, who tutors English on...

MyTutor Tips & Features