Self assessment and Personal Tax

If you are self employed, a director or sole trader you have to fill in the self assessment tax return and send it to HMRC in time otherwise you are charged heavy penalties which can add insult to injury in the current recession. Let us take care of it while you have peace of mind.

Where the client has opted to work as a sole trader or he has income from more than one source, HMRC requires the tax payer to register for self assessment and pay tax accordingly. Our unique expertise offers both self assessment compliance and advice. This will include preparation of sole trader annual accounts establishing the income tax liability after claiming all available tax reliefs. In addition to this, we also provide compliance and advisory services to the following areas

• Inheritance tax
• Capital Gains tax
• Property Business profits
• Self employment and benefits in kind
• Employment income and national insurance contributions
• VAT
• Filing the partnership tax return – SA800
• Preparation of annual accounts