Every year we help a large number of our clients complete their self assessment tax returns.
HMRC send out self assessment returns in April each year to those individuals registered as self-employed including partnerships, or who receive income and or gains that are not taxed through the PAYE system.
The Returns cover the tax year ending on the 5th April. There are penalties for late submission. The current submission deadlines are:
Getting your return in promptly avoids any possibility of penalties and also allows you time to put aside the tax which has to be paid on 31st January.
Our work includes:
Notifying HMRC of a new self-employed business:
The rules at present require any new self-employed business to register within 3 months from the end of the month in which your business commenced. There is a fine of £100 for late notification.
Call Barbara Wills or Derek Rothera +44 (0)20 7226 1199 or email us from our contact page to discuss your tax affairs.
Derek Rothera & Company, Units 15 &16, 7 Wenlock Road, London, N1 7SL
Tel: +44 (0)20 7226 1199
Fax +44 (0)20 7226 9446