If you’re self-employed, a landlord, a company director or have income that isn’t taxed at source, you’ll probably need to file a Self Assessment tax return. We make sure it’s accurate, on time and that you don’t pay a penny more tax than you need to.
The key deadlines
– Register for Self Assessment by 5 October after the end of the tax year you first need to file for
– Paper returns are due by 31 October, and online returns by 31 January
– Tax owed is due by 31 January, with payments on account due on 31 January and 31 July
– Miss the deadline and there’s an automatic £100 penalty, with more added the longer it’s late
Who usually needs a return
– Sole traders and partners in a business partnership
– Landlords with rental income
– Company directors with dividends or other untaxed income
– Anyone with capital gains, foreign income, or savings and investment income over the tax-free allowances
– Anyone paying the High Income Child Benefit Charge
How we help
– Preparing and filing your tax return with HMRC, well before the deadline
– Checking every allowance and relief you’re entitled to, so you don’t overpay
– Telling you what you owe and when, so there are no January surprises
– Reviewing your payments on account and reducing them where your income has dropped
– Getting you ready for Making Tax Digital for Income Tax if your income is over the threshold
Need a hand with this year’s return? Get in touch and we’ll take it from there.