from £550 per annual return for limited companies
What is self-assessment ?
Self-assessment is used by HMRC to calculate the amount of income tax that you owe. Tax is usually deducted by your employer from your wages via PAYE, or automatically from your pension or savings, but you need to report any other income that you receive in the form of a self-assessment tax return once per year.
Business owners who work as self-employed and have not incorporated their business need to submit a self-assessment income tax return to HMRC every year.
As part of the bookkeeping services, I process your monthly transactions so that your accounts are up to date not only for HMRC compliance, but also for an accurate picture of how your business is performing. This includes but is not limited to:
If you would like to receive my bi-weekly newsletter containing useful information to help you with your accounts, tips about saving on taxes, or relevant HMRC news deciphered in lay terms, please sign up.