If you are self-employed, you'll need to let HMRC know about your annual earnings, so that you pay the appropriate amount of tax.
Self-Assessment applies to
- Self-employed people including business partners
- Company Directors
- Individuals with more complicated tax affairs including those who pay higher rate tax
- Pensioners with more complex tax affairs
- People who receive rent or other income from land and property in the UK
- Non-resident company landlords
Self-Assessment can be a time consuming and often confusing business for busy individuals and judging by the hundreds of thousands of taxpayers who are penalised by HMRC each year it can also be very costly if:
- Deadlines are missed
- Incorrect returns are delivered
- Appropriate records are not retained or presented
We aim to spare you all these headaches and free up your valuable time by offering a comprehensive Individual Self-Assessment service, including:
- Self Assessment registration for directors and self employed
- Preparation of personal tax returns for self-employed, partners and company directors
- Calculating your tax liability
- Advising you when various payments are due and how much to pay
- Advising on appropriate record retention
- Efficient personal tax planning to minimise your overall tax bill
- Tax claims and refund administration
- Handling disputes with HMRC regarding tax liability and other related issues
Easing the burden
You may choose to complete your own self-assessment tax return. However, you may find using our services has a number of benefits. These include:
- Ensuring all tax allowances and deductions are claimed
- Easing the burden of additional paperwork
- Specialist tax knowledge which can help you minimise or even mitigate fully any tax liability, now or in the future.