Where you'll never be just a number.

Self-Assessment & Tax Returns

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

There are a number of reasons why you may be required to complete a self-assessment tax return

  • Self-employed, either a sole trader or partnership
  • Director of a limited company
  • Landlord
  • If you make or receive pension contributions
  • CIS – Income taxed through the construction 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 not only to declare all the income you have received in a specific tax year from all relevant sources. It’s also to record any allowable expenses, which will allow you to legitimately reduce any tax burden that you may be liable for.

We can ensure that you have included all the correct information within your self-assessment return. You will end up paying the appropriate tax due for your specific personal circumstances. It’s important to remember that you should always be paying the correct amount of tax but equally, you shouldn’t be paying any more.

If you are required to complete a self-assessment tax return then these figures will be used for purposes such as claiming tax credits or applying for a mortgage. Importantly, having these returns taken care of by a qualified accountant from a well-established firm will always add credibility and efficiency to your submission.

As a result of Whyfield completing and submitting your tax return, you will receive a prompt, timely and accurate service. We will undoubtedly help you 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.

Back to Top

Follow & Connect with us...

Lets work together...

 

 

 

Call us on 01872 267 267 or fill in our contact form, to discuss how we can help you.

Almost 1 million late filing penalties were imposed by Companies House in January 2020.

We understand Companies House compliance

Find out more

All workers must be automatically enrolled onto a qualifying pension scheme. Let us take this off your hands.

We take care of Pension Auto–Enrolment

Find out more

Cloud accounting has become a necessity. While it may still seem daunting to some, we are here to enable you and your team in becoming cloud experts.

We offer training

Find out more

From April 2019, Making Tax Digital kicks in. All of our clients are compliant or well on their way to being it.

We're ready for Making Tax Digital

Find out more