Self Assessment Tax Returns in Abbey Made Easy

You need to file a Self Assessment Tax Return if you are self-employed, a sole trader, a landlord with rental income, or if you have untaxed income from savings, investments, or foreign sources. Additionally, if your income exceeds £100,000 or you need to pay the High Income Child Benefit Charge, you must register for Self Assessment. Our accountants can help you determine your filing obligations.

Our service includes complete preparation and submission of your SA100 return, calculation of your tax liability, and identification of all allowable expenses and reliefs. We also act as your HMRC agent, handling all correspondence and ensuring you meet the 31st January deadline. We provide year-round support and tax planning advice to help you stay compliant and minimise your tax bill.

First, you provide us with your income and expense details, along with any relevant documents. Our accountants then prepare your SA100 return, ensuring every figure is accurate and compliant. We review your return with you before submitting it electronically to HMRC. We also calculate your tax liability and inform you of any payments due, so you know exactly what to expect.

You'll need to provide documents showing all your income, such as P60s, P45s, dividend vouchers, bank statements, and records of any rental income or self-employment earnings. Additionally, you should include records of any allowable expenses you wish to claim, such as business mileage, office costs, or professional fees. Our team can guide you on exactly what's required.

To act on your behalf, we register as your agent with HMRC. This authorises us to communicate with HMRC about your tax affairs, view your tax records, and submit your returns. Once registered, we handle all correspondence and can resolve any queries or issues that arise. This saves you time and ensures professional representation.

If you miss the deadline, HMRC will issue a late filing penalty, and interest will accrue on any unpaid tax. However, if you engage us early, we ensure your return is submitted well before the deadline, avoiding any penalties. If you've already missed the deadline, we can still file your return and help you manage any penalties that apply.

We offer transparent, fixed-fee packages with no hidden costs. The exact price depends on the complexity of your return, such as the number of income streams or whether you need additional tax planning advice. We provide a clear quote upfront, so you know exactly what you'll pay before we start. Our goal is to offer affordable, value-for-money service.