Self Assessment

The Self Assessment process is HMRC’s system for working out your tax. You must complete a tax return every year if you:

Are self-employed, either as a sole trader or in a partnership
Are a company director
Are earning enough to pay higher-rate tax
Are requested to do so by the HMRC
Have complicated tax affairs (e.g. you derive income from employment overseas or property)
Have made significant capital gains

Keeping the right records is essential. It makes it much easier to manage your tax returns and more importantly it’s a legal requirement. We have extensive experience in advising on how best to record and maintain your financial records and prepare and present your annual returns.

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