Self Assessment...
Take the pain away
Does self assessment give you a headache or bring you out in a cold sweat? Let us take the pain and hassle away.
Fixed fee package for self employed individuals...
We offer a fully compliant self assessment package, designed to suit
your individual requirements.
Do you need to complete a tax return?
The most common reasons for needing to fill in a tax return are
listed below.
- You’re self-employed, including being a member of a partnership, a company director, a minister of religion or a named member of Lloyds
- You have income above a
certain level from savings, investment or property
-
You have income from overseas.
- Your annual income is £100,000 or more
- You need to claim certain expenses or reliefs
- If
you're employed and want to claim for expenses or professional
subscriptions of £2,500 or more, you'll need to complete a tax return.
- You owe tax and HMRC can't collect it through
your tax code, or you prefer to pay direct
- You have Capital
Gains Tax to pay
- You’ve lived or worked abroad or aren’t domiciled in the
UK
- You're a trustee
Some
less common reliefs, such as Enterprise Investment Scheme relief or
relief on Venture Capital Trusts, can only be claimed by completing a
tax return.
If HM Revenue & Customs asks you to
complete a tax return for any other reason (this will normally to be to
make sure that you’re paying the right tax and getting the right
allowances) you must always do so.
M Revenue & Customs (HMRC) asks you to
complete a tax return for any other reason (this will normally to be to
make sure that you’re paying the right tax and getting the right
allowances) you must always do so.