Tax Return Accountant
Helping you to file your Self-Assessment Tax Return on time and avoid penalties.
We set up as tax return accountants for small businesses in 1985 and have helped clients from a wide range of backgrounds file their self assessment tax returns on time every year. Our service is prompt and easy to understand, and we’re happy to discuss what you need over the phone/email or at our offices.
You must submit a Self-Assessment Tax Return if any of the following apply to you:
- You are a Sole Trader (Self-Employed)
- You or your partner receive or have income above £50,000 and receive Child Benefit
- You receive foreign income that is liable to UK Tax
- You are a recipient of investment income over £10,000
- Your annual income exceeds £100,000
- You are in receipt of rental income
- You have to pay Capital Gains Tax
You can check HMRC to find out if you need to submit a tax return
We will discuss your situation with you and then provide you with a simple form to complete and we will also provide you with any tax return help you might need.
Tax Return Accountant Fees
The fees below refer to Self-Assessment Tax Returns – for employed people, those with pensions and/or simple investment incomes.
- Before 15th June 2024 from £115 + VAT (early bird)
- 16th June – 31st October 2024 from £140 + VAT
- 1st November – 31st December 2024 from £185 + VAT
- 1st January 2025 onwards from £205 + VAT
If you have a more complicated requirement; for instance, you let a property, you receive income from complex investments, or you are self-employed, please get in touch for a separate quote.
Please note this is a pre-payment service.
What to do next?
Contact us here or alternatively call 01793 818400 or email admin@ams-accountancy.co.uk and we’ll advise you.
N.B. These are the fines imposed by HMRC for late Tax Returns:
- If you submit your Tax Return later than 31st January £100
- If 3 months late – £10 per day for up to 90 days
- If 6 months late – additional £300, or, if higher, 5% of tax due
- If 12 months late – a further £300, or, if higher, 5% of tax due
- If your Income Tax Return is 7 months late, the penalties will be at least £1,300 (£100 + £900 + £300)
Get in touch today for a free consultation.
We are very happy to meet you to discuss your business or even your idea for a business. We will advise you on the most tax efficient structure if you are setting up and we can review your business if you are already trading.