Where you'll never be just a number.

Self Assessment & Tax Returns

Our experience shows that there is an increase in the amount of people who are having to submit a self assessment tax return to HMRC.

The reasons why you may be required to comply could include:

  • Self–Employed, either sole trader or partnership
  • Director of a limited company
  • Landlord
  • If you make or receive pension contributions
  • CIS – Income taxed through the constructor industry scheme
  • Employed but incur expenses related to your job
  • Change over in employment
  • Break in employment
  • Income from investments
  • Sale of assets
  • Earning over £50,000 but still receiving child benefit

The purpose of a tax return is to declare all the income you have received in a specific tax year from all relevant sources but also to record any allowable expenses, which will reduce any tax you may have to pay.

We can ensure that you have included all the correct information within your self assessment return and only paying the appropriate tax due for your personal circumstances.

If you are required to complete a self-assessment tax return these figures will be used for other purposes such as claiming tax credits or applying for a mortgage, by having these taken care of by a qualified accountant from an established firm you will add credibility to your submissions.  

As a result of Whyfield completing and submitting your tax return you will receive a prompt, timely and accurate service and avoid potential penalties from HMRC. All of our clients are also covered by our Tax Fee Protection Insurance which would cover the costs of all of our fees in relation to dealing with a HMRC investigation into your tax affairs.

If you need support with your Self-Assessment Tax Return, please get in touch with the Whyfield team.

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