Self Assessment

Self Assessment is the process of completing a tax return to report your, or a partnerships, taxable income and any tax already paid.

We are here to prepare tax returns and advise of your tax liability and, after your approval, submit them electronically. Our most commonly reported types of income are:-

  • Capital gains
  • Rental income
  • Profits from self employment
  • Profits from partnerships
  • PAYE and Pension
  • Dividend income
  • Investment income

COVID-19

 

We are all facing a difficult time at present with the uncertainty surrounding Covid-19.  Various government schemes have been introduced to help businesses and the self-employed, including:-

  • Self-employment Income Support Scheme
  • A Coronavirus Job Retention Scheme until 30th April 2021
  • Deferring VAT and income tax payments and the HMRC time to pay scheme
  • SSP relief package for SMEs
  • Business Rates holiday for all retail, hospitality and leisure businesses
  • Grants available of £10,000 and £25,000 for certain types of business
  • Business Interruption Loan Scheme

For more detailed information please refer to our Business Support Guide

Alternatively, please go to the ‘Useful Information’ section of our website.