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Self-Assessment Tax
Returns

Why Choose Account-ease?

At Account-ease, we understand the unique challenges faced by self-employed individuals and small business owners. Our personalized approach ensures that every client receives the attention and expertise needed to manage their tax affairs efficiently. Here’s how we can help:

Expert Guidance: Our team of qualified accountants provides expert advice tailored to your specific circumstances, helping you navigate the complexities of self-assessment. We ensure you understand your tax obligations and make informed decisions.
Accurate and Timely Filing: We guarantee that your tax returns are completed accurately and submitted on time, helping you avoid any penalties or interest charges. Our meticulous attention to detail ensures compliance with HMRC regulations.
Comprehensive Support: From gathering and organizing your financial records to calculating your tax liability and submitting your return, we handle every aspect of the self-assessment process. We are here to simplify the process and alleviate your stress.
Transparent Pricing: Our pricing policies are clear and straightforward, with no hidden fees. You’ll always know what to expect, ensuring a stress-free experience.

Understanding Self-Assessment

Self-assessment is a process used by HM Revenue and Customs (HMRC) to collect income tax. It is your responsibility to report your income and calculate your tax bill. This applies if you are self-employed, a sole trader, or if you have additional sources of income, such as rental income, dividends, or overseas earnings. Failing to file your self-assessment tax return on time can result in penalties and interest charges, making it crucial to stay on top of your obligations.

Navigating the complexities of self-assessment tax returns can be challenging for any self-employed individual or sole trader. At Account-ease, we specialize in providing personalized, professional support to ensure your tax returns are completed accurately and on time. Our dedicated team of experienced accountants is here to streamline the process, allowing you to focus on what you do best—running your business.

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Our Self-Assessment
Services

Initial Consultation: We begin with a comprehensive consultation to understand your financial situation and requirements. This helps us tailor our services to meet your specific needs.
Income Reporting: We assist in accurately reporting all sources of income, including self-employment earnings, rental income, dividends, and any other taxable income.
Expense Deduction: Our experts help identify all allowable expenses and deductions to minimize your tax liability. This includes business expenses, home office deductions, and more.
Tax Calculation: We calculate your tax bill, taking into account your income, expenses, and any applicable tax credits or reliefs.
Filing and Submission: Once your tax return is prepared, we handle the submission to HMRC, ensuring it is filed correctly and on time.
Ongoing Support: Throughout the year, we provide ongoing support and advice to help you manage your finances and stay compliant with tax regulations.
Let Account-ease relieve the burden of managing your self-assessment tax returns. Contact us today to discover how our comprehensive services can assist with your financial needs.

Who Needs to File a Self-Assessment Tax Return?

Self-Employed Individuals and Sole Traders: If you are self-employed or a sole trader and earn above the personal allowance, you are required to file a self-assessment tax return.
Company Directors Receiving Dividends: Company directors who receive dividends or other forms of income not taxed at source need to complete a self-assessment tax return.
Individuals with Rental Income or Foreign Income: Those who earn rental income or receive income from abroad must report this through a self-assessment tax return.
Recipients of Income from Savings, Investments, or Trusts: If you have received income from savings, investments, or trusts, you must file a self-assessment tax return to report this income.
Individuals with Untaxed Income: Anyone who has received income not taxed at source, such as freelance work or other earnings, is required to file a self-assessment tax return to declare this income.

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Important Dates

These dates are crucial for avoiding penalties and ensuring compliance with HMRC regulations. Make sure to mark your calendar and prepare your documents well in advance. If you need any assistance, Account-ease is here to help! Contact us for expert support in managing your self-assessment tax returns.

31 October 2024

The deadline for submitting your 2023/24 tax return on paper is 31 October 2024, while those filing online have until 31 January 2025. 6 April 2024: The first day of a new tax year. Depending on the UK government’s budget, new tax rates and allowances are implemented from this day.

31 July 2024

If you’re self-employed, you’ll need to make your second payment for your tax bill from the previous year on account by midnight on 31 July.

5 October 2024

If you’ve never submitted a tax return before, you’ll need to register for self-assessment by 5 October 2024 to file a return for the 2023/24 tax year. When you submit a tax return for the first time, you receive a Unique Taxpayer Reference (UTR) number and an activation code that allows you to file your returns.

31 October 2024

The deadline to submit your tax return for the year ending 5 April 2024 in paper format. If you’ve received notice from HMRC that you need to file a tax return after 31 July 2024, you’ll need to complete your return within three months of the date on your notice.

31 January 2025

Online self-assessment tax returns for tax year 2023/24 must be submitted by this date.

5 April 2025

The end of the tax year 2024/25.

Our Commitment to
You

At Account-ease, we are dedicated to providing exceptional service and support for self-assessment tax returns. We recognize that every business is unique, and we tailor our services to meet your specific needs. Our experienced accountants are committed to handling your self-assessment tax returns with precision and care, allowing you to focus on growing your business confidently. With our expertise, you can be assured that your tax affairs are in capable hands, ensuring compliance and peace of mind.

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Our Pricing

BASIC

£25 per month

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