What is Self Assessment? Self-Assessment is for those who want to work for themselves. Every year all self-employed people have to submit their tax returns to HMRC which could be a stressful experience. If you are self-employed, HMRC requires that you complete your self-assessment tax return to ensure that you are paying the correct amount of tax each year.
There are a number of circumstances under which you may be required to register with HM Revenue & Customs (HMRC) and complete a self-assessment tax return. If you:
- Are self-employed or a partner in a partnership
- Are a company director
- Have rental income / Land- property income
- Have overseas income
- Have taken dividends from any company
- Have savings or investment income
- Have untaxed savings or investment income
- Household receives Child Benefit and you have income in excess of £50,000
- Have overseas income
- Have lived or worked abroad or aren’t domiciled in the UK
Call for more information 0121 766 5477 RR Accountants LTD is committed to helping businesses and individuals in Birmingham, the United Kingdom with self-assessment tax return preparation, tax planning, and bookkeeping services in Birmingham including Quick Books support. We look beyond the numbers to learn about your individual financial goals and business objectives and then help you reach those goals.
No other Birmingham City-based accounting firm delivers the same winning combination of innovative accounting solutions and friendly service you’ll find at RR Accountants LTD. We care about the success of each one of our clients and work hard to deliver accounting and self-assessment tax return services in Birmingham, UK to save you time and resources. We can also handle your individual tax preparation and file any back taxes quickly and efficiently.
Tax Services for Individuals
- Complete your tax return
- Calculate your tax & NI liability
- File the return online
- Guide you on how to pay taxes online
Please contact us on 0121 766 5477 or email at [email protected] to discuss our services and how we can help you
