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Self Assessment and Personal Tax Return
You are required to file a self-assessment tax return, with the HM Revenue and Customs (HMRC) annually. This is a comprehensive form which consists of different types of income that need to be declared in order to pay Income Tax.
If you have any income from wages, pensions and savings tax from these is deducted automatically, however if you have any income from another source, such as, rent from property, dividends, private pensions, foreign income, etc. this needs to be declared separately on a tax return at the end of the financial tax year after 5th April.
We have over 10-years’ experience dealing with self-assessments and we have a dedicated team ready to help you with completing your self-assessment tax return in the most efficient way to make sure we claim all the deductions and credits you are eligible to reduce your tax liability.