Self-assessment tax returns

Income tax made easy

If you’re self-employed, a high-earner or have any income not taxed at source, you will need to complete an annual income tax self-assessment (ITSA) return.

Completing a tax return can be both time consuming and stressful. There are lots of questions to answer and details to provide – and getting your return wrong can trigger severe action from HMRC.

The deadline is midnight on 31 January in the year following the period covered by the tax return. There’s an immediate fine for missing that deadline and further penalties the longer your tax bill goes unpaid.

A careless or inaccurate tax return can prompt an investigation by HMRC, which is in itself an anxiety-inducing experience.

Even if your return goes in on time with no major errors, the chances are that without expert help, you won’t claim all the tax reliefs and allowances you’re entitled to. That means you’re paying too much tax. And nobody wants to do that.

We’ll spare you these headaches and free up your valuable time by handling your self-assessment from start to finish. We’ll work with your banks, brokers and other parties to gather all the information we need; calculate your liability, including claiming reliefs; and file the return on your behalf. And if HMRC does have any questions, we’ll handle those, too.

Support and advice on…

• Tax saving ideas.
• Statutory record-keeping.
• Tax reliefs and allowances.
• Avoiding penalties and fines.
• HMRC investigations.