Self-Assessment Taxation
Self-Assessment Taxation
If you are self-employed as a sole trader, a company director or property investor, then you'll need to complete a self-assessment tax return to HMRC each year or face a penalty.
Some people attempt to complete these tax returns themselves which could lead to incorrect returns being submitted. In a best case scenario, that could mean omitting expenses that could have been deducted and reduced your tax bill. A worst case scenario would be triggering a HMRC investigation in to your tax affairs.
Kate Bennett Accountancy Services can remove the hassle and stress of completing of your self-assessment tax return and ensure that the correct deductions and capital allowances are applied. In addition, we can assist with tax planning and compliance.
As a registered HMRC agent, Kate Bennett Accountancy Services can communicate with HMRC on your behalf. Besides acting as your agent, we will ensure your tax liability is reduced where possible and that all relevant reliefs available are applied.