Remove the stress from Self-Assessment Tax Returns
Managing your personal tax affairs can be daunting and if you get it wrong you risk not only suffering financially but also running into problems with HMRC.
We are here to take that stress away from you. We have years of experience of helping people keep their tax bill as low as possible whilst also remaining 100% HMRC compliant.
Our Self-Assessment tax return service
We know completing your Self-Assessment tax form can be stressful. It’s why we are here to make the whole process as painless as possible for you.
Our Self-Assessment tax return service includes:
Preparing your Self-Assessment tax return for your approval
Offering advice on how to keep up-to-date records on your income and expenses
Submitting your return online to HMRC
Providing advice on whether income is taxable or not
Advising you of any payments you need to make and when they are due.
Analysing your return to see how we can keep your final tax bill as low as possible
And don’t leave filing your tax return until the last minute! If you submit your return as soon as the tax year has ended, you won’t panic about getting everything done in time and won’t risk any late filing penalties.
Who needs to complete a Self-Assessment tax return
Self-Assessment applies mainly to the following groups of people:
Your income exceeds £50,000 and you received Child Benefit
You have untaxed income from abroad
You receive more than £2,500 in untaxed income (e.g. rental income)
You lived abroad but have UK income
You receive more than £10,000 in savings or investment income
You receive dividends from shares
You need to pay Capital Gains Tax (e.g. if you sold shares or a second home)
You were a trustee of a trust or registered pension scheme.
Please get in touch to discuss your accountancy needs 01494 439013