Self Assessment Tax Returns
What is a Self Assessment Tax Return?
If you are self-employed, a higher rate tax payer, a company director or have more complicated tax affairs, you are legally required to complete and submit a Self Assessment Tax Return to HMRC. If you wish to find out if you need to complete a Self Assessment Return, please go to - http://www.hmrc.gov.uk/sa/need-tax-return.htm
How and when do I give this in?
You will need to send to me, as soon as possible, all documentation so that I can meet the strict deadlines issued by HMRC.
6 April: Issue of Self Assessment Returns by HMRC
31 October: Deadline for the submission of paper returns
30 December: If tax due is below £2,000 and you want this to be collected through your PAYE Tax Code your Tax Return must be submitted by this date
31 January: Final deadline for returns to be filed online
If you do not complete your return by the deadline and complete all relevant forms to declare you are self-employed or that you have any untaxed income, you will be charged interest and penalties.
How the service works
I will need you to complete a questionnaire so that I can understand your personal tax situation. From the information you give me, I will be able to produce the necessary end of year accounts and complete your tax return. Having calculated your tax liability, I will file your return online with HMRC. I will advise you of that liability, how much you will need to pay and when.
The benefits
Peace of mind knowing your books are being kept accurately
- Cost affective Service
- Simple and easy to understand English
- All your financial correspondence and tax questions will be delt with by an expert
- Advice on keepping tax liabilities as low as possible
If you have any enquiries or would like further information on the services provided, please feel free to contact me. Some of our most popular services are; Bookkeeper Dorset, Payroll and self assessment.
