If you run your own business or receive income that is not taxed through PAYE then you need to provide information to HMRC as a self-assessment tax return.
It is vitally important that you keep accurate and up to date records and share them with us so we can help!
With our help minimise the stress involved and avoid penalties and surcharges…
1. Give us your information
It is important you give us accurate and complete information as soon as possible.
When you first join us we provide this easy to follow form.
2. Complete annual checklist
We make your life as easy as possible by sending you a checklist at the end of each tax year. It lists the relevant items and gives you last year’s figures as a reference to help you.
You can complete your checklist electronically on our Document Portal.
3. Approve Your Draft Return
We will confirm we have all the relevant information and clarify any points with you. Our expert tax team will then produce a draft tax return for approval.
We will not submit your return to HMRC until you tell us you are happy to do so. This is most easily done electronically via our Document Portal.
4. Make Your Tax Payments
Your payment method must clear by the deadline in order to avoid surcharges. Make sure you leave enough time depending on the method you wish to use. The quickest way to pay HMRC is online.
Submit Information To Us
If you provide accurate and timely information to us, our team of experts can work to give advice, save you tax and avoid nasty surprises!
- Year End Tax Guide
Your checklist for rates, reliefs and allowances to use by 5th April 2020.
- Self-assessment matters
Don’t leave it until the last minute. We never like to see clients pay more to the Revenue than is necessary, and easily-avoided fines are a particular frustration.
- Personal tax planning
How to reduce what you will owe the taxman for the current tax year.
- Your personal self-assessment tax return
What you need to know about how we help you file self-assessment
- Extracting profits from your business
A guide to tax-efficient profit extraction for business owners
How and when to complete your self-assessment tax return.