Self Assessment

Self Assessment Tax Returns

Preparing the most straightforward tax return can be complicated. There are various deadlines and responsibilities for taxpayers to be aware of.

The most common reasons that a tax return may be required are as follows:
You are self employed or a partner in a partnership
You are a company director
You have large amounts of savings or investment income
You have untaxed savings or investment income
You own land or property that is being let
Your household receives Child Benefit and you have income in excess of £50,000
You have income from overseas
You have sold or given an asset away (such as a holiday home or some shares)
You’ve lived or worked abroad or aren’t domiciled in the UK

Therefore, if you want to make sure you are paying the right amount of tax, you should consult a professional.

We use HM Revenue & Customs-approved software to:
Complete your tax return
Calculate your tax liability
File the return online
Liaise with you on the amounts to be paid and when they are due

As part of the above service, we can analyse your self assessment tax return to see if any tax savings can be made and we can also review the form to see if there are any anomalies that need to be addressed before the return is submitted.

This process helps to minimise your risk of a HM Revenue and Customs inquiry into your tax affairs.