A Self Assessment tax return isn’t just a way for HMRC to ensure you’re paying the correct level of taxes, it is also an opportunity to claim tax allowances and tax reliefs on any eligible expenses, which could reduce your tax liability. If you’re the director of a limited company, self-employed or have received income during the tax year which hasn’t been taxed at source, you must complete a Self Assessment tax return. However these aren’t the only reasons why you may need to complete an annual Self Assessment return.
If from the tax year 2024 to 2025, your annual earnings are over £60k and you or another person in your household was in receipt of child benefit
If you’ve received additional income from a rental property
If you’ve received additional income from a trade business or family partnership
If you’ve received untaxed income such as dividends over £10,000
If you’ve receive capital gains of £3000.
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Our Self Assessment tax return service will ensure your tax return is completed correctly and on time, keeping you safe from an HMRC tax penalties. But that's not all. We'll also chase any refunds that might be due and warn you of any possible tax liabilities, so you know exactly what lies ahead.
We have been completing tax returns for over 20 years now, so you can feel confident that your tax return is in safe hands. Simply complete our tax questionnaire and leave the rest to us.
Colin - Limited Company Contractor
With over 20 years' experience our team will make sure that your Self Assessment is completed quickly and professionally, keeping you safe from HMRC penalties.
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Take a look at what Donald had to say about his experience of our Self Assessment tax return service.
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