Self-Assessment Tax Return Services

Self-Assessment Tax Return Services

We provide a comprehensive solution for all your self-evaluation requirements.

Boost your earnings!
As proficient accountants specialized in self-evaluation, we analyze your financial figures and generate your tax return with efficiency and convenience. Submitting to HMRC punctually and consistently.

Expert Tax Guidance

We go beyond simply preparing your self-assessment tax returns; our certified accountants offer crucial recommendations and counsel on how to lessen your tax obligations. Our aim is to provide you with an all-encompassing service that extends beyond number-crunching.

Our priority is to keep our clients up-to-date with their tax and financial affairs, enabling them to make informed decisions about their businesses and investments.

Dedicated Accountant

You will be assigned a committed representative located in the UK who can simplify any complex tax terminologies and manage all your tax matters efficiently.

Handle all of your taxation matters

We offer a comprehensive service that involves acting as your tax agents in your dealings with HMRC. This means that we will handle any tax-related matters with HMRC on your behalf, allowing you to sit back and entrust your tax affairs to us.

We offer a comprehensive service for completing and filing tax returns.

Our 9-step process for completing and submitting your personal tax return involves several stages:

1. We provide you with a Tax Return checklist to help you gather all the necessary information.

2. Using the information you provide, we complete your Personal Tax Return.

3. We calculate your tax bills and payments on account to avoid any penalties and interest.

4. We advise you on possible claims and elections to reduce your tax bills, except for tax credits, and make any HM Revenue & Customs required claims and elections upon your instruction.

5. After receiving your written approval, we submit your Personal Tax Return to HMRC electronically.

6. This electronic filing allows you to know when HMRC has received your return, and if you are entitled to a tax refund, you can expect to receive it much faster.

7. We check HMRC’s calculation of your tax bills and initiate repayment claims if you have overpaid.

8. We request your bank account details to transfer any refunds electronically.

9. We handle all communications related to your Tax Return from HMRC directly or forwarded to us by you.

Our self-assessment tax return service from just £12.50+vat per month

Get in touch with one of our experts!

What is a self-assessment tax return

A self-assessment tax return, also referred to as a personal tax return, is a formal process by which individuals declare their annual taxes on income received or gains/profits made on their capital investments.

While certain taxes, such as PAYE and savings income tax, are collected at source, income from sources such as rental properties, sole trader businesses, or the sale of appreciated assets, like Buy-to-let properties, is not taxed at source and requires separate declaration with additional taxes paid as necessary.

Moreover, a tax return may also be filed to claim back any overpaid taxes resulting from issues such as the incorrect application of tax codes by an employer. This process is an important and legally mandated part of individual tax compliance, and proper execution of a self-assessment tax return is essential to ensure accurate and lawful taxation.

Who needs to do a PTR (personal tax return)

If you fall into any of the following categories, you are required to file a tax return during the financial year ending on April 5th:

  • Self-employed sole traders who are operating their own businesses or providing services.
  • Partners in a partnership.
  • Those who received untaxed income of over £2,500 (for instance, rental income from property).
  • Investors with dividend income.
  • Individuals whose savings income or investment income was greater than or equal to £10,000 before taxes.
  • People who realized profits from the sale of assets like buy-to-let properties or shares.
  • Those who received child benefits while earning more than £50,000.
  • Individuals who received income from abroad require them to pay UK tax.
  • Those who lived abroad but received income from the UK.
  • Trustees.

    Additionally, there may be other reasons why a personal tax return would be necessary. For example, one might need to file a tax return to declare payable or reclaimable taxes.

Notice of chargeability.

If an individual becomes liable for Income Tax or Capital Gain Tax for the first time, it is necessary to inform HMRC within six months of the end of the relevant tax year.

To file a tax return, one must be registered for self-assessment and possess a Unique Taxpayer Reference (UTR) number.

To obtain a UTR, a self-assessment registration form must be submitted, and it may take up to six weeks for the HMRC to issue a UTR. For instance, if an individual received dividend income during the tax year 2020/21, they must inform HMRC before October 5th, 2021.

Filing deadlines for Tax Returns

Submission Types Deadline
31 October Following Tax Year
3 Months after Notice to File
2 Months if HMRC is to calculate tax
Electronic/Normal Filing
31 January Following Tax Year
3 Months after Notice to File
Taxpayers with simple tax affairs can fill in a short tax return which has no self-assessment

Penalties for late filing of Tax Return

Late Return Penalty
Initial Penalty
> 3 Months late
Daily penalties (£10/day, max 90 days)
6 Months late
5% of the liability to tax (or £300 if greater)
12 Months late
Additional 5% of the liability to tax (or £300 if greater)
Increased penalties apply if the withholding of information
after 12 months is deliberate or deliberate and concealed.

Payment Dates

On the 31st of January and 31st of July following the tax year, two payments are made in advance towards the income tax owed, which amounts to 50% of the previous year’s tax due. However, it’s important to note that these payments only relate to income tax and not Capital Gains Tax.

Payment on account is not required if:

  • Tax due for the previous year < £1,000, or
  • 80% of tax is collected at the source.
  • Payment due in respect of a simple assessment is due on 31 January after the tax year.
Late Penalty
> 30 days late
> 5 months after first penalty
Additional 5%
> 11 Months after first penalty
Additional 5%
Late payments on account do
not attract separate penalties.


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