Self Assessment
Our compliance experts can help you with your personal tax self assessment in order to successfully meet your tax obligations and comply with the ever-changing regulatory burden. Because our tax service is designed to suit you we are able to provide as much or as little support as you need. Many clients rely on us for all their compliance requirements, while some prefer us to work with their in-house teams.
Our self assessment expertise covers:
- initial planning and data compilation
- preparation of computations
- submission of tax returns
- dealing with post-submission and any HM Revenue & Customs queries or dispute resolution issues
Personal self-assessment is most likely to apply to you if:
- you are self employed, either as a sole trader or in a partnership
- you are a company director
- you are a trustee
- you are a minister of religion
- you receive any other untaxed income which cannot be collected through PAYE, for example: income received from letting property
- you have taxable foreign income
Completing your self assessment return
From April 2008 paper tax returns will have to be filed by 31 October each year, whilst the deadline for returns filed online will remain as 31 January following each tax year.
Keeping thorough records of income and any capital gains is essential for the completion of correct and accurate self assessment returns.
