Whether you’re an individual, a company or a partnership we have a plan that will suit, below is a breakdown of some of the core accounting, bookkeeping and tax services we offer, if you want us to help you with anything that’s not listed here, please contact us
HMRC requires most individuals, sole-traders, directors, contractors and all others who have other income that has not been taxed to complete a tax return; the full criteria can be found through the following link
The tax year runs from 6th of April to the 5th April in the following year, the deadline for submission of a self-assessment is the 31st October after the tax year end for paper returns and 31st January following the end of the tax year for online returns. Failing to submit a self-assessment on time will result in a fine. Any taxes due must be paid on time or HMRC can implement interest and fines.
If you need to complete a self-assessment or feel you may need to complete one, give us a call and we can get you on the right track.
When a business is owned by one or more persons, it is known as a Partnership. It’s the responsibility of all partners to complete a Partnership Self-assessment return, all partners also need to complete self-assessment individually.
A company is a separate legal entity than its owners and it’s the responsibility of the director(s) to ensure they submit a confirmation statement, annual accounts and a corporation tax return on time.
Directors of Limited Companies are also required to submit a separate Self-Assessment. (Income depending)