Self Assessment Tax Returns
Self Assessment Tax Returns
From £18 per month for a basic sole trader tax return
Self-assessment tax returns are typically required for individuals who are:
- Self employed
- Company directors
- High income earners
- Receiving income from property
- Significant savings or investment income or receiving dividends from shares
- Receiving foreign income
- Partners of a business partnership arrangement
- High earners with income over £60,000 who receive child benefit
- Individuals who have contributed too much to their pensions and want to claim back additional tax paid
- Trustees and Personal Representative of estates
The Tax Return deadline is 31st January for the previous financial year of 6th April to 5th April.
I.e. For the period 6th April 2023 to 5th April 2024, the deadline to submit the tax return is 31st January 2025.
We can ensure you are claiming all allowable expenses, advise on operating in the most tax efficient way and make sure tax returns are submitted accurately and on time and advise on payments on account. We can take care of your business bank transactions, answer any queries you have throughout the year and help you plan for a future tax bill rather than receiving an unexpected tax liability at the end of the year.
From £18 per month for a basic sole trader tax return
Self-assessment tax returns are typically required for individuals who are:
- Self employed
- Company directors
- High income earners
- Receiving income from property
- Significant savings or investment income or receiving dividends from shares
- Receiving foreign income
- Partners of a business partnership arrangement
- High earners with income over £60,000 who receive child benefit
- Individuals who have contributed too much to their pensions and want to claim back additional tax paid
- Trustees and Personal Representative of estates
The Tax Return deadline is 31st January for the previous financial year of 6th April to 5th April.
I.e. For the period 6th April 2023 to 5th April 2024, the deadline to submit the tax return is 31st January 2025.
We can ensure you are claiming all allowable expenses, advise on operating in the most tax efficient way and make sure tax returns are submitted accurately and on time and advise on payments on account. We can take care of your business bank transactions, answer any queries you have throughout the year and help you plan for a future tax bill rather than receiving an unexpected tax liability at the end of the year.
Get in touch to how LB Accounts can help. By understanding the core principles for setting up your business and your long term goals, we can help you reach that destination.