DO I NEED AN ACCOUNTANT TO HELP WITH MY SELF-ASSESSMENT TAX RETURN?
SELF-ASSESSMENT TAX RETURN SEASON IS LOOMING
It's that time of year, where accountants all over the country are starting to get a lot busier, and a lot less friendly (we're still a laugh, don't get us wrong!).
But what about you? The sole trader. How are you handling the self-assessment deadline drawing nearer and nearer? The dreaded scraping together of your receipts and a whopping pile of information that you just don't know where to even start!
Quit the worrying. 2020 has brought on enough of that already!
You don't need to worry when you can get in touch with us to help you out with your tax return!
Submitting your self-assessment can be an overwhelming task. Since you technically can do it yourself, what are the benefits of submitting your personal tax return through an accountant?
PEACE OF MIND
Let's face it, the world we live in can be stressful, and if 2020 were a year it would be... let's not go there. Hearing the words 'Tax Return' and 'Self-Assessment' can tie a knot in the strongest of stomachs, especially when the deadline is creeping up and we know we've left everything to the last minute. Where do you even make a start on it?
Let us do the work for you.
You can sleep better at night, knowing we've got it all under control and it's all being taken care of.
MORE TIME TO FOCUS ON YOUR BUSINESS
Running a business is time consuming.
And nobody wants the hassle of trying to understand the in and and outs of the UK Tax Law system - what to submit, what not to submit, where are those receipts I just had?!
Here at Parker Whitwood Accountancy Firm based in Altrincham, Manchester, we do all the work for you and get everything ready for your approval before submission. Once we submit your return, all you need to do is wait for us to let you know your tax liability.
We're just a phone call away for consultation on your tax return and any of our other accountancy services you may require. We can have a chat what would be the best for your business.
TRUSTWORTHY ADVICE ON SELF-ASSESSMENT SUBMISSION
Although it may seem fairly straightforward, every sole trader has a different business model, and has different accounting needs.
Accountants offer sole traders that additional support when it comes to helping you gather up all the relevant tax information in preparation for submitting your personal tax return to HMRC.
We're experts when it comes to this kind of thing, and we pride ourselves on providing our clients with first-class, accountancy and financial advice with our services.
WHAT WE NEED FROM YOU
Your 10-digit Unique Tax Payer Reference (UTR) - (If you're not sure what you're UTR is, you can call HMRC anytime and they will provide you with it).
Your National Insurance Number (NI)
Records of any expenses in relation to your self-employment (If you're not sure what to include, check out our list of allowable expenses here).
Details of your income, this will include all income from your self-employment and any dividends and interest on shares.
P60 or other records showing how much income you have already paid tax on.
Any contributions to charity or pensions which might be eligible for tax relief.
GET IN TOUCH WITH US
We hope that you'll get in touch with us if you're struggling with your self-assessment, we're here to help you.
Our dedicated team at Parker Whitwood strive to give the best possible accounting services and support to our sole traders.
Get in touch for a free consultation today.