While managing taxes can be a challenging and stressful task for many freelancers, sole traders, and contractors, navigating the world of self-employment offers many rewarding opportunities. It is essential to plan to minimize penalties and optimize your tax savings, as the self-employed tax return submission deadline for the 2024–2025 tax year is January 31, 2026. Supported by professional insights into UK tax laws and typical pitfalls to avoid, this comprehensive guide will give you helpful self-employed tax tips to save you money in 2025 if you want to keep more of your hard-earned money while staying in compliance. Why Filing Your Self-Employed Tax Returns On Time Matters The UK tax system requires all self-employed individuals to file an annual self-assessment tax return, which includes an account of their earnings and…