PERSONAL TAX RETURNS SERVICES, ALTRINCHAM, SOUTH MANCHESTER
SELF-ASSESSMENT TAX RETURN SERVICES IN ALTRINCHAM, CHESHIRE, MANCHESTER. WE CAN GET YOU SET UP THE SAME DAY
Self-assessment can be a time consuming and often confusing task for busy individuals. For many, it can be a stressful period as it falls at the end of January, when business is usually slowing after the Christmas period.
So, who needs to complete a self-assessment tax return? How do I complete a self-assessment tax return? Why do I need to complete a self-assessment tax return? Can I get help filling out my self-assessment tax return? There are so many questions to ask, especially if you are new to the business world.
Give us a quick call (no obligation!) and we’ll chat about how we can help you. Luckily for you, we provide a complete personal tax service for sole trader business owners, and private individuals based in the UK. Read our article here to find out if you need to file a Self-Assessment Tax Return.
If you need help filing your tax return or need any accountancy advice then please do get in touch, sooner rather than later.
Our self-assessment tax return fees start from £150 for a yearly fee.
Our Self-Assessment Tax Returns service includes:
- Checking whether you need to complete a tax return
- Reviewing all your supporting documentation
- Preparing each relevant section of your tax return
- Calculating your tax liability
- Completing and filing your tax return on your behalf to HMRC via electronic means
- Advising you when various payments are due and how much to pay
- Advising on appropriate record retention
- Introducing you to any relevant tax saving ideas
- Corresponding with HMRC on your behalf
ALLOWABLE EXPENSES FOR UK TAX-RETURN
If you’re self-employed then your business will have various running costs, such as electricity for your building and fuel for your vehicles. You can deduct some of these costs to allow you to work out your taxable profit, as long as they are allowable expenses.
A example of this provided by HMRC:
Allowable Expenses DO NOT class as purchases made through your business for personal purchases.
Here is a handy list of allowable expenses which you can claim tax back on, you may find it handy to bookmark this page for future reference when completing your self-assessment tax return.
Office Costs: examples include stationary and telephone bills
Business Premises: examples include heating, electricity, business rates
Things you buy and sell on: examples include stock and raw materials
Clothing Costs: Examples include uniforms
Advertising and Marketing Costs: Examples include website costs
Financial Costs: Examples include insurance and bank charges
Training Costs: Examples include online or offline training courses
Staff Costs: For example, salaries and contractor costs
Travel Costs: Fuel, parking, train and bus fares as examples
If you need help filing your tax return or need any accountancy advice then please do get in touch, sooner rather than later.
Our self-assessment tax return fees start from £150 for a yearly fee.
Click here to view our Accounting Calendar for other key accounting dates. For further information about our self-assessment tax returns services get in touch with us today 0161 928 9900 | [email protected] or fill out our contact form and one of our friendly accountants will be straight in touch with you.