HMRC uses your Self Assessment tax return to calculate your tax liabilities every year. This includes any amounts you have overpaid, and therefore whether a rebate is due, and any amounts you have underpaid. They will calculate your total income using the information submitted in your Self Assessment tax return. With VBSerene Accountants, you can alleviate the pressure of completing your tax return. Our user-friendly online system and assistance from professional accountants allow us to take care of your Self Assessment for you.
Require help with Self Assessment Tax return? Look no further. We will provide guidance in line with your annual earnings and expenses. With us, tax returns will not will not cost you an arm and a leg, ensuring you extra peace of mind. With us, you will never fail your deadlines or have hours of tax management days as our expert firms will take the load of your shoulder. Speak with us today so that we can find the right solution for you.
Self-assessment is the way that you notify HMRC of any income you receive apart from being paid as PAYE. There are strict deadlines for submitting this information, with automatic fines and interest payable if you miss them. HMRC have a wide range of powers with regards to opening enquiries, discovery assessments, raising determinations of tax and requesting records and information. We at VBSerene, understand the importance of declaring annual taxes by the stringent guideline of the UK and International Tax Law and we will work with your accounts team to integrate and file your personal tax return as a result of being a company director or self-employed.
We will work with you to offer comprehensive tax advising, making sure that you strike the right balance between drawing an income and personal pension.
Categories of those who need to complete an annual Self Assessment
- Shareholder of a limited company
- Self-employed
- A partner in a business partnership
- Employed and earning over £100,000
- Received property rental income
- Earning income that hasn’t been taxed
- Have sold assets in the tax year, such as additional properties, shares or crypto
- Wanting to claim certain tax reliefs
- Received income from savings, investments and dividends
- Received child benefits and you or your partner’s income was over £50,000
Making Self Assessments Simple
File your return without the fuss. A user-friendly service that delivers at speed.
Questionnaire
Complete our online questionnaire to provide our accountants with all the information they need
Fuss Free
Our qualified accountants will ensure all your numbers match, so you know exactly what tax you owe or any refunds you’re due
File
Once you’ve approved your Self Assessment, our expert accountants will submit your return with HMRC on your behalf
Tax returns need to be completed before 31st January for the prior tax year.