Tax
As you are likely to be a self-employed person it is your
responsibility to keep financial records and complete your own tax
returns. This is known as self-assessment and it is a legal
requirement.
NCMA has negotiated special rules for childminders’
expenses (external link)
with HM Revenue and Customs which you can read here.
Support for NCMA members
NCMA publishes a range of factsheets for
members, including ones specifically on tax and finance. NCMA
members can download the factsheets by logging into their My NCMA
members' area. If you're not yet a member of NCMA, read more about
the many benefits of membership.
Many childminders use the NCMA Accounts Book to record their
childminding accounts. You can buy a copy online or order by
calling 0845 880 0044.