Self-Assessment – Tax return help and advice

Self-assessment is a complicated system for most of us to get our head around and often need some professional tax return help and advice.

More importantly, it is time-consuming for most people who need to prepare their paperwork, accounts and keep the records they need to meet the requirements of HMRC.

tax self assessment

Each year, thousands of people miss the deadline for filing their self-assessment tax return and as a result, have to pay fines. In addition, there are thousands of people picked up for making mistakes on their tax return or not providing accurate or complete records.

This all amounts to one big headache for you which recurs on a yearly basis. However, we can help you to avoid this yearly torture by providing you with a comprehensive self-assessment service. This could include:

  • Talking to your bank or any other relevant financial institution to get the information required for your annual return
  • Calculating the amount of tax owed
  • Completing and filing your tax return for you
  • Offering you advice on when payments are due and how much you should pay
  • Providing you with guidance on the types of records and information you need to keep
  • Discussing any tax saving options with you
  • Representing you if HMRC decide to investigate your accounts

You can choose the level of input you want from us and this may change as time goes on if your accounts become more complex.

In addition, if you are starting up a business for the first time and you have never completed a self-assessment tax return, you will need to register with HMRC for self-assessment. There are time periods within which this needs to be done, normally by 5th October after the end of the tax year if you have not done so already. If you register late, you may face a penalty.

If you need help registering for self-assessment, we can give you the help and assurance that it will be completed correctly and on time so you need not worry about making mistakes.

Contact us today

Self-assessment is one area where we can take the pressure off you, so you can spend your time on growing your business whilst we worry about collating, calculating and filing your self-assessment tax return.

If you would like some self-assessment tax return help and advice or would simply like to know more, please call us on 020 7788 8261, complete our Free Online Enquiry or email us at info@berley.co.uk and we will be happy to discuss your options with you.