Self-assessment tax returns are notoriously difficult. This system of income tax was introduced in 1997 and shifted responsibility onto the taxpayer’s shoulders.
If your tax is not currently covered by PAYE, you must complete a tax return online. Furthermore, even if your tax is covered by PAYE, there are lots of circumstances in which you still need to complete a tax return. This could often be due to the fact that you have job related expenses to claim, in which case we are experts at assisting you to claim your respective tax repayments for this. Please note, the paper form is due to be phased out on October 31st, meaning that all returns must then be completed electronically.
If you feel baffled by the whole process, you’re certainly not alone. Many people struggle to fill in the forms themselves. This is particularly true if you have never done one before. But with strict deadlines in place, you don’t want to leave things hanging. Returning your form on time could prevent hefty fines or penalties.
People who qualify for this type of assessment include: self-employed people, company directors, individuals with income from letting property and those who receive untaxed income. It also includes those who receive income from a trust or settlement. To name a few!
If you’re self-employed and need to fill in an online assessment, We Do Any Tax Return will take care of matters. We will prepare and submit your self-assessment tax form, while keeping you fully informed every step of the way.
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