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For Life Coaches

Tax Return for Life Coaches

Complete your Self Assessment in 8 minutes. Claim all your allowable expenses and submit directly to HMRC.

  • Track session income
  • Training expense tracking
  • Marketing cost support
  • MTD-ready for 2026

Example Tax Calculation

Based on typical life coaches earnings £40,000/year

Gross Income£40,000
Expenses4,000
Taxable Profit£36,000
Income Tax£4,686
National Insurance£1,406

*Illustrative example based on 2024/25 tax rates. Your actual tax depends on your specific circumstances.

Allowable Expenses for Life Coaches

Claim these tax-deductible expenses to reduce your tax bill

Coach Training and CPD

ICF certification, coaching courses, and continued education.

Tip: Keep certificates and receipts.

Coaching Software

Session management, video conferencing, and coaching tools.

Tip: Annual subscriptions are fully deductible.

Home Office Costs

Proportion of rent, utilities, and internet for coaching.

Tip: Use simplified expenses or calculate actual costs.

Insurance

Professional indemnity insurance for coaching practice.

Tip: Insurance is fully deductible.

More expenses you can claim

Marketing and website
Phone and internet
Session room rental
Accounting software fees
Professional memberships
Supervision costs

How to File Your Tax Return

Follow these simple steps to complete your Self Assessment

1

Gather Your Documents

Collect income records, receipts, and expense statements

2

Enter Income & Expenses

Add your earnings and claim allowable expenses with our guided flow

3

Review Your Calculation

See exactly how much tax you owe with real-time calculations

4

Submit to HMRC

File your tax return directly to HMRC in minutes

Key Deadlines for 2024/25 Tax Year

Don't miss these important dates

5 April 2025

Tax Year Ends

Calculate your final income and expenses

5 October 2025

Register for Self Assessment

If this is your first year self-employed

31 January 2026

Online Filing Deadline

Submit your tax return and pay any tax owed

6 April 2026

MTD Starts (£50k+)

If your income exceeds £50,000, you must use MTD software

Late Filing Penalties

1 day late: £100 fixed penalty

3 months late: £10/day up to £900

6 months late: 5% of tax owed or £300 (whichever is higher)

12 months late: Additional 5% or £300

Plus interest on any tax paid late. Avoid these costs by filing early with QTax.

Frequently Asked Questions

Answers to common questions about tax returns for life coaches

Do life coaches need to register as self-employed?

If you work in private practice and invoice clients, you must register for Self Assessment.

Can I claim training costs?

Yes. Coach training and CPD are allowable business expenses.

What about supervision costs?

Coaching supervision is a deductible professional expense.

Related Guides

Explore tax guides for similar professions

Ready to File Your Tax Return?

Join thousands of UK life coaches who trust QTax for their Self Assessment