Personal Information
Self-Assessment
Self-Assessment Tax Return Services with Taxbee Accountancy
Filing a self-assessment tax return is a crucial responsibility for individuals who are self-employed, company directors, or partners in a business. Even if you are taxed under PAYE, certain situations—like income from property or other sources—may require you to complete a tax return self-assessment. While you can handle it independently, working with experts can help you maximise tax relief and avoid costly errors. Taxbee Accountancy specialises in self-assessment tax return services in London, ensuring accuracy, efficiency, and compliance.
Our dedicated team at Taxbee Accountancy provides specialised assistance in handling complex returns, such as those involving self-assessment tax return pension contributions. By leveraging our expertise, we help you identify potential savings and ensure all eligible expenses are claimed. With a focus on precision and timeliness, our expert self-assessment tax return services are designed to save you time, money, and stress.
Get started on your Self-Assessment with three straightforward steps
1
Begin with Taxbee Accountancy: Kick off your Self-Assessment journey by obtaining a quote from Taxbee Accountancy's website or contacting us directly.
2
Simplify Information Gathering: Share all the required details with us. If necessary, we'll liaise with your former accountant on your behalf.
3
Hassle-Free Submission: Let Taxbee Accountancy handle the submission of your Self-Assessment to HMRC, ensuring a smooth and stress-free process.
Looking for tax help in the UK? We can connect you with trusted accountants for reliable financial support.
Essential Documents for Self-Assessment Service
Income Details
Self-Employment Records
Property Income
Investment Income
Pension Contributions
Charitable Donations
Student Loan Information
Advanced software solutions for accuracy
At Taxbee Accountancy, we utilise leading tools like Xero, QuickBooks, and FreeAgent to streamline your self-assessment tax return process. Whether you’re new to the software or need personalised training, we ensure your journey is smooth and your data secure with cloud-based solutions. For a seamless experience, our self-assessment tax return accountants are here to guide you every step of the way.
Frequently Asked Questions
HMRC uses your self-assessment, sometimes known as a "tax return," to determine how much you must pay in income tax and national insurance contributions. The PAYE system deducts taxes from contracted employees' employment income on a monthly basis. HMRC requires a Self-Assessment in order to determine the amount of tax that must be paid by self-employed individuals or those who receive other forms of income, such as dividends or pensions.
You'll need to file a Self-Assessment tax return if you're:
- Renting out a property and making over £2,500 (after costs) or £10,000 (before costs) a year.
- Self-employed or a business partner.
- A company director.
- Paper Returns: 31st October
- Online Returns: 31st January (midnight)
Don't miss the deadline! File early to avoid stress and potential penalties.
Allow four weeks for the refund to be deposited into your bank account if you are eligible for one. Your refund will be subtracted from the total amount payable if you owe any taxes within 35 days of submitting your self-assessment.
1. Get a UTR:
- Apply for a 10-digit Unique Taxpayer Reference (UTR) from HMRC.
- Allow 20 working days for processing.
2. Create a GOV.UK Gateway Account:
- Use your UTR to set up an account.
- This allows you to file your Self-Assessment online.
Important:
- Register for Self-Assessment by 5th October following the tax year you first earned taxable income or gains.
- Late registration can lead to penalties.
Navigating Self-Assessment can be tricky. While you could do it yourself, an accountant ensures everything’s accurate, spots potential tax savings, and helps you avoid penalties. At Taxbee Accountancy, our experts handle the hassle, saving you time and money. Let us take care of your taxes, so you can focus on what truly matters.
Following the submission of your Self-Assessment, HMRC will inform you of your tax liability. Debit cards can typically be used to pay for this.
The Self-Assessment service from Taxbee Accountancy is a one-time fee with no additional costs! No matter how complex you believe yours to be, the accountants at Taxbee Accountancy can assist, giving our clients a simple and hassle-free experience.
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our client's review
We believe our service is second-to-none. We are proactive, tech driven accountants who always go the extra mile, but don't just take our word for it; see what our clients are saying.
Amy Pennell
Taxbee Accountancy has been incredible as our business accountant. Their team's attention to detail and proactive approach have helped us manage our finances better than ever. Truly the best online tax return service we've used!
Curtis Long
If you need a reliable tax accountant in the UK, look no further than Taxbee Accountancy, Highly recommended !!. Their expertise and dedication are unmatched. They've simplified the entire process for us and always go the extra mile.
Gemma Baker
As a business tax accountant, Taxbee Accountancy has surpassed all our expectations. They provide comprehensive accounting services that have greatly benefited our operations. Highly professional and efficient.
Shaun McGovern
Taxbee Accountancy helped me with my tax services during the tax season, they offer timely and accurate advice. their knowledge of tax law is exceptional. I can't thank them enough!
Jasmine Taylor
Choosing Taxbee Accountancy was one of the best business decisions I've made. Their accounting service is flawless, and they are always available when I need advice or support.
Sharna Read
Accountants at Taxbee Accountancy is more than just a tax accountants; they are a partner in our business growth. Their strategic advice has been invaluable. I highly recommend their services to any business owner.
Ayesha Siddique
I used Taxbee Accountancy for the first time this year for my business taxes and was very impressed by their professionalism and efficiency. They truly are the best business tax accountants in the UK
