You’re making money. Now let’s make sure you’re keeping it.

Tax, self assessment, and the financial side of your baking business — finally explained in plain English, by someone who actually understands the world you’re working in.

Because the gap between “earning from baking” and “understanding what HMRC expects from you” shouldn’t cost you sleep, or money.

The finances side of running a home baking business is the bit most people quietly panic about. You know you should be keeping records. You’ve heard things are changing with HMRC. You’re fairly sure you need to do something about self assessment — but you’re not entirely sure what, when, or how.

Meanwhile, you’ve got brownies to bake and orders to fulfil. The last thing you have time for is wading through government websites that seem designed to confuse rather than help.

That’s what this toolkit is for. Four focused training sessions that take you from “I’m not sure what I’m supposed to be doing” to “I understand this, I’ve got it sorted, and I know what’s coming next.”

The Finances Toolkit gives you everything you need to understand the financial side of your business, sort your records, and face self assessment without the dread.

Inside you’ll find:

Four training sessions, each covering a specific area — no padding, no waffle:

Session 1 — “The Receipts Reality: Record-Keeping and Expenses That Actually Protect Your Profits” What HMRC expects you to keep, how long to keep it, and how to identify and claim the expenses that are genuinely available to home bakers — including how to handle dual-use items and whether the trading allowance works in your favour.

Session 2 — “What’s Actually Changing: Trading Allowance, MTD, and What You Need to Do Right Now” A clear-eyed look at what’s actually changing and when — covering the updated Self Assessment reporting threshold and the phased rollout of Making Tax Digital — so you know exactly what applies to you now and how to prepare for what’s coming.

Session 3 — “The Two Bills Nobody Warns You About: National Insurance and Payments on Account” The two tax bills that catch sole traders off guard — National Insurance (including what the removal of mandatory Class 2 means for your State Pension) and payments on account — explained clearly, with practical advice on building savings habits so neither comes as a shock.

Session 4 — “Step by Step: Completing Your Self Assessment With Confidence” A step-by-step walkthrough of the Self Assessment process from registration to submission, covering the key forms, dates, and decisions you’ll face — so you can file with confidence and know when it might be worth bringing in an accountant.

Video training, covering every aspect of the finances side of your baking business:

– Registering with HMRC – Record keeping – What’s changing: trading allowance and Making Tax Digital – Payment on account and National Insurance – Self assessment – Calculating overheads

Resources:

– Income and Expenses Spreadsheet – Overheads Calculator

All of this for £30.

And because this toolkit is part of the Home Baking Business Academy series, your purchase includes a one-month access pass to the Academy — so you can explore all the other training, toolkits, and resources waiting for you inside.

Ask questions. Watch additional training. Get support from other bakers building proper businesses. Access the tools, resources, and structure that go beyond the training.

Think of it as a supported implementation month — not just a download and goodbye.

The Finances Toolkit Includes:

Created by Annie Bennett

Finalist

D’Licious Magazine Business Coach Of The Year