Personal Tax Returns / Self Assessment
We are happy to assist with the preparation of tax returns of all types including:
-
Self-employed individuals and sole traders
-
Subcontractors
-
Landlords
-
Those with investment/savings income
-
Company directors/shareholders
-
Partners in partnerships
-
Those who have sold assets that are subject to Capital Gains Tax
We know that usually your tax return is the last thing you want to think about, so we will handle the compliance work for you and liaise with HMRC on your behalf regarding any queries wherever possible, meaning you can focus on doing what you do best!
We always recommend submitting tax returns early and not leaving them until last minute in January - this means you will know what you are due to pay in advance and can plan for your future tax payments.
So that we can cater for businesses of all shapes and sizes, we offer 3 service tiers and operate fixed fees payable by monthly direct debit. No more worrying about being charged for simple emails and phone calls! You choose what support you want from us.
PACKAGE SUMMARY:
1
Bronze (From £175+VAT)
-
Preparation and submission of tax return
-
1 hour telephone/email support per year
-
You upload receipts/invoices/connect your bank account to software and categorise transactions
-
We will review your categorisation and adjust where required
-
Basic profit and loss reports provided where relevant
-
Not available to sole-traders of property landlords with income over £25k
2
Silver (From £250+VAT)
-
Preparation and submission of tax return
-
2.5 hours telephone/email support per year
-
You upload receipts/invoices to software and we will categorise/process
-
Basic accounts for sole traders and landlords (Additional charges apply for large sole trade business/large property portfolios)
3
Gold (From £375+VAT)
We will provide:
-
Software Access
-
Unlimited phone/email support
-
Upload of receipts and invoices
-
Categorisation of all transactions
-
Preparation and submission of tax return
-
Formal accounts for sole traders (Additional charges apply for large sole trade business/large property portfolios)
-
Teams meeting to review accounts
Personal Tax Return FAQs
What is a Self Assessment tax return?
A Self Assessment tax return is how individuals report their income and calculate the tax they owe to HMRC. It includes income such as self-employment profits, rental income, dividends, savings interest and other taxable income.
Who needs to submit a personal tax return?
You may need to submit a tax return if you:
-
Are self-employed or a sole trader
-
Are a company director (in most cases)
-
Receive rental income
-
Have untaxed income
-
Earn over £100,000
-
Have capital gains to report
-
Receive income from abroad
If you’re unsure, we can confirm whether you need to file.
What are the deadlines for Self Assessment?
-
31 October – Paper tax return deadline
-
31 January – Online tax return deadline and payment due
-
31 July – Second payment on account (if applicable)
Missing deadlines can result in penalties and interest.
What information do I need to provide?
This will depend on your circumstances but typically includes:
-
P60s or P45s
-
Details of self-employment income and expenses
-
Rental income and expenses
-
Dividend and interest statements
-
Pension contributions
-
Student loan details
-
Records of capital gains
We’ll guide you through exactly what’s required.
Do company directors need to complete a tax return?
In most cases, yes. Directors often need to file due to salary, dividends or other income. We’ll ensure everything is reported accurately and tax-efficiently.
What expenses can I claim?
Allowable expenses depend on your income source. For self-employed individuals and landlords, this includes costs incurred wholly and exclusively for business purposes. We’ll make sure you claim everything you’re entitled to.
When do I need to pay my tax bill?
Tax is usually due by 31 January, with a possible payment on account also due by 31 July. We’ll calculate your liabilities clearly so there are no surprises.
Can you help reduce my tax bill?
Yes. We provide proactive tax planning advice to ensure you make full use of allowances and reliefs and pay no more tax than legally required.
What happens if I’ve missed previous tax returns?
We can help bring your tax affairs up to date, deal with HMRC on your behalf and minimise penalties where possible.
Can you deal with HMRC for me?
Absolutely. We can liaise directly with HMRC, respond to queries and handle correspondence so you don’t have to.