Self Assessment Tax Return
Straightforward support with your tax return
Completing a Self Assessment tax return can be time-consuming, particularly when you have income from different sources or are unsure what needs to be declared.
At Culverhouse & Co, our Chartered Accountants help individuals and business owners across Kent, South London, and beyond, with their Self Assessment tax returns. Whether you are self-employed, a company director, a landlord or have additional income to declare, we can help you understand your tax responsibilities and get your return completed accurately and on time.
We take the time to understand your circumstances, make sure the relevant information is included and help you deal with your tax affairs with confidence.
Need help with your tax return?
Who needs to complete a Self Assessment tax return?
Not everyone pays tax through Self Assessment, but you may need to submit a tax return if you receive income that is not fully taxed at source or have certain financial circumstances.
This can include:
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Self-employed individuals: If you run your own business or work for yourself, you may need to report your business income and expenses
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Company directors: You may need to complete a personal tax return depending on your income and circumstances.
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Landlords: If you receive rental income from property, you may need to declare it to HMRC
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People with additional income: This could include dividends, savings interest, investment income or income from other sources
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Individuals with capital gains: You may need to report certain profits from selling assets, property or investments
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Higher earners: Some people need to complete a tax return because of their income level or other tax-related circumstances
If you are unsure whether you need to complete a tax return, we can help you establish what applies to you.
Avoid missing deadlines and making mistakes
Self Assessment deadlines are important. Missing a submission or payment deadline can result in penalties and interest from HMRC.
Even if you have completed tax returns before, changes in your income, work or personal circumstances can make things more complicated.
Using an accountant can help you avoid common errors, understand what information you need to provide and make sure your return is dealt with correctly.
We can also help you understand your tax bill in advance, so you have time to prepare for the payment rather than being caught out.
Self Assessment tax returns across Kent and South London
Culverhouse & Co supports individuals, landlords, self-employed people and business owners across Kent, East Sussex, South London - and beyond.
We work with clients in Orpington, Bromley, Sevenoaks, Swanley, Edenbridge, Tonbridge, Tunbridge Wells, Maidstone, Chelsfield, Locksbottom, Petts Wood and surrounding areas.
Whether you need help with your first tax return or want an accountant to take care of your annual Self Assessment, our team is here to help.
How Culverhouse & Co can help with Self Assessment support
At Culverhouse & Co, our Chartered Accountants can take care of the process for you, helping to make sure your tax return is accurate, submitted on time and reflects your individual circumstances. We can help with:
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Reporting different types of income, including self-employment profits, rental income, dividends, savings interest and other taxable income
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Claiming allowable expenses and reliefs; identifying relevant expenses, allowances and tax reliefs that may apply
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Helping you understand changes to your circumstances and what they mean for your personal tax position
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Explaining how much tax you owe, when it needs to be paid and whether payments on account apply
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Gathering the relevant information and preparing your Self Assessment return
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Submitting your return to HMRC
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FAQs
Do I need an accountant to complete my Self Assessment tax return?
No, you can complete and submit your own tax return. However, an accountant can help you understand what needs to be declared, identify relevant expenses and allowances and make sure your return is prepared correctly.
When is the Self Assessment tax return deadline?
For online tax returns, the usual deadline is 31 January following the end of the tax year. Paper returns generally have an earlier deadline of 31 October. There are also payment deadlines to consider, so it is important to leave enough time to prepare your return.
Can you complete a Self Assessment tax return for someone who is self-employed?
Yes. We can help self-employed individuals report their business income and allowable expenses, prepare their tax return and submit it to HMRC.
Can you help landlords with their tax returns?
Yes. We can help landlords report rental income and relevant expenses as part of their Self Assessment tax return, taking account of their individual circumstances.
What information do I need to provide for my tax return?
This will depend on your circumstances, but may include details of your income, business expenses, rental income, dividends, savings interest, pension contributions and any other relevant financial information. We can explain what is needed for your return.
Can you submit my Self Assessment tax return to HMRC?
Yes. Once we have the information needed and you have reviewed and approved the return, we can submit it to HMRC on your behalf.
What happens if I miss the Self Assessment deadline?
HMRC can charge an initial late filing penalty, followed by further penalties if the return remains outstanding. Interest and late payment penalties may also apply if you do not pay your tax on time. If you think you may miss a deadline, it is important to seek advice as soon as possible.
Can you help me understand how much tax I owe?
Yes. Once your tax position has been established, we can explain the amount due, when it needs to be paid and whether payments on account may apply.