Self Assessment Tax Returns

Whether you are a Sole Trader, a Partner, a Director in a business, or a self-employed sub-contractor, you are legally required to submit a Self Assessment Tax return to HMRC. 

Self Assessment has a reputation for being tricky and time consuming. Self Assessment requires you to complete a tax return, either on-line or on paper, for HMRC. The details include all income, expenditure, capital gains, and tax relief claims. There are different types of tax returns and supplementary pages depending on your circumstances.

As with everything else to do with HMRC there are deadlines for submitting your return, and penalties and charges for delays.

If we already undertake your Bookkeeping this is very straightforward, if not then we can provide you with a full set of accounts, to then complete Self Assessment returns for Sole Traders and Partnerships. When it comes to Limited companies we can ensure your financial information is brought to Trial Balance and is near completion, thus reducing the time your Accountant has to spend on your bookkeeping - and reducing your costs.