Tax guidance

The self-employed ready reckoner tool is available to provide guidance as to how much money to set aside for Tax and National Insurance.

It is for self-employed people who have no other taxable income and are entitled to a basic personal allowance. You are required to fill your estimated weekly or monthly profit - which is your income less business expenses.

Because you are self-employed, you will be expected to complete your accounts up to and including 5 April each year.

Person filling out tax forms

Shared Lives Plus membership

Shared Lives Plus is the membership organisation for Shared Lives carers and Shared Lives schemes across the country. For additional support and peace of mind, financial benefits, such as shopping discounts and mortgage advice, join the community of Shared Lives Plus and become a member.

Shared Lives Plus logo