SELF ASSESMENT
Simplify Your Self-Assessment with Expert Help
Navigate tax season with ease, thanks to personalized support from UK Tax Professionals
Self-assessment can often seem like a daunting task for many individuals and businesses
It’s a process required by HMRC to calculate and pay taxes on income not automatically deducted from wages, pensions, or savings. This includes earnings from self-employment, rental income, or investments.
Understanding the nuances of tax laws and ensuring accurate and timely submissions are crucial to avoid penalties and optimize your financial situation.
At UK Tax Professionals, we specialize in simplifying this process for you. Our expert team provides personalized guidance and support, making self-assessment straightforward and stress-free. Whether you’re a freelancer, a small business owner, or have multiple income streams, we’re here to ensure your tax obligations are met with precision and ease.
From £200 + VAT per Year
UK Tax Professionals offers specialized self-assessment services tailored to the unique needs of sole traders, partnerships, and landlords.
For sole traders, we take charge of reporting your business income and expenses, ensuring accurate tax payment. Partnerships benefit from our expertise in income allocation and compliance with partnership tax rules, ensuring both the business and individual partners meet their tax obligations efficiently. Landlords receive comprehensive support in managing rental income and expenses, maximizing allowable deductions to minimize tax liabilities.
Across all services, our focus is on meticulous review, correct calculation, and timely filing to optimize your tax return and ensure compliance with HMRC regulations.
We can help withSelf-assesment for
Sole Traders
As a sole trader, you’re responsible for reporting your business income and expenses to HMRC. We handle this entire process, ensuring you pay the correct amount of tax.
We’ll meticulously review your business income and expenses, identify all eligible deductions, calculate your tax liability accurately, and ensure your tax return is filed correctly and on time with HMRC.
Partnerships
Partnerships have specific tax rules. We’ll allocate income correctly among partners and manage the filing process for both the partnership itself and the individual partners.
We’ll handle partnership-specific tax rules, calculate and allocate income to partners correctly, identify available deductions, optimize your partnership’s return, and guarantee timely filing for your business.
Landlords
Rental income has its own set of deductions and tax rules. We’ll ensure you’re accurately reporting your income and taking advantage of all the allowed expenses to minimize your tax burden.
We’ll calculate your rental income, track allowable expenses, manage property income reporting, and prepare your tax return to ensure you claim the maximum deductions available.
NEW REGULATIONS FROM HMRC – Self Assessment if You Have a Side Hustle
What’s a side hustle? Any income-generating activity you do alongside your main job – freelancing, selling online, driving for a rideshare app, etc.
Important Note: From January 1st, 2024, HMRC will gather data directly from platforms like Uber Eats, DoorDash, Instacart, and others. They want to make sure everyone with a side hustle is registered for Self Assessment and paying the right amount of tax.
Platforms likely targeted include:
What to Do
Let us take the hassle out of Self Assessment. We’ll handle your registration and tax return, so you can focus on what matters.
From £200 + VAT per Year
We invite you to contact us anytime. We guarantee a personal touch with every interaction.
We’re all about making tax time easy and stress-free. Complete the form, and let’s get started on simplifying your taxes today!
UK Tax Professionals will provide you with personalized assistance and expert advice to ensure a smooth and compliant tax experience. Fill out the form now for tailored support in managing your taxes.
We will contact you back directly, providing the attentive and tailored response you deserve. We’re committed to connecting with you on a personal level to address tax return efficiently.
Get started
Contact Us
Seeking expert help with self-assessment or tax returns in London? Contact us at UK Tax Professionals for personalised tax services tailored to your needs. Whether you need detailed assistance with your tax return, have questions about self-assessment, or require guidance on tax planning and deductions, we’re here to help.
Feel free to call our London office for immediate support or email us with your queries at any time. We’re committed to checking our emails diligently and responding swiftly once we’re back in the office, ensuring your self-assessment and tax return questions are answered promptly and comprehensively.