Self Assessment Tax Returns in Totton

You typically need to file a Self Assessment Tax Return if you are self-employed, a sole trader, a landlord with rental income, or have other untaxed income such as capital gains or foreign income. Even if you also have a PAYE job, you may need to file if your additional income exceeds certain thresholds. Our accountants can quickly determine your filing requirement and guide you accordingly.

Our service includes a full review of your income and expenses, preparation of your SA100 return, calculation of your tax liability, and submission to HMRC. We also provide advice on allowable expenses and reliefs, and we handle all correspondence with HMRC on your behalf. You'll have a dedicated accountant who ensures your return is accurate and compliant.

First, you provide us with your income and expense details, which you can send securely online. We then prepare your SA100 return, ensuring every figure is correct and that you claim all applicable reliefs. After you review and approve, we submit the return electronically to HMRC. We keep you informed throughout, so you always know where things stand.

You'll need to gather your P60 or P45 if employed, bank statements, records of any self-employment income and expenses, rental income statements, dividend vouchers, and details of any taxable benefits or capital gains. If you're unsure what's relevant, don't worry – our checklist will guide you, and we can help you identify what's missing.

When you engage us, we'll register as your agent with HMRC, which authorises us to act on your behalf. This means we can correspond with HMRC, submit your return, and handle any queries or notices. The process is straightforward, and we'll manage it for you – you just need to confirm your authorisation.

If you've missed the deadline, don't panic – we can still file your return, though you may face a late-filing penalty. We'll submit your return as soon as possible to minimise further penalties and interest. We'll also advise you on how to appeal a penalty if you have a reasonable excuse.

We offer transparent fixed-fee packages with no hidden costs, so you know exactly what you're paying upfront. The fee depends on the complexity of your tax affairs, such as the number of income sources. We'll provide a clear quote before you commit, and we'll never surprise you with extra charges.

Yes, we're fully prepared for Making Tax Digital and can help you transition to digital record-keeping. We'll ensure your accounting software is compatible and that you meet all HMRC requirements. As part of our service, we'll keep your records digital and submit updates quarterly if you're mandated, so you're always compliant.