Self Assessment

For most employees, taxes are deducted automatically from their salary through the PAYE system. As a result, they typically don't need to fill out a tax return unless they have additional income from other sources. In certain circumstances, such as being self-employed, a company director, a trustee, or receiving foreign income, you may also need to complete a tax return.

Personal or income tax is the amount paid on earnings above the tax-free allowance. Taxable earnings include employment or self-employment income, shares, pensions, rental properties, savings, and trust income. It is important to pay or reclaim the correct amount of tax and maintain proper records to avoid penalties.

We understand the challenges and complexities involved in filling out Self Assessment forms and ensuring compliance. With our expertise and specialised software, we can assist you:

• Prepare and file your tax returns before the deadline

• Explore all available options to minimize your tax bill and provide advice on the best strategies