We All Could Use Some Help from Time to Time – Let Us Help You with Your Self Assessment Tax Returns!

Lonmay Accountancy has a wealth of experience when it comes to reviewing and completing self-assessment tax returns. Our experts can ease the burden and give you peace of mind that you will not have to deal with any penalties, or worse. We can complete your self-assessment tax return so that you can submit it on time before the chances of penalties arise.

Achieving the most tax-effective outcome for our clients within the complex labyrinth of paperwork is what we do best.

What is a Self Assessment?

A Self-Assessment is the system of the HM Revenue and Customs (HMRC) to collect income tax in the UK. Tax is normally deducted automatically from pensions, savings and wages. Both businesses and individuals who have another means of income are required to report it in a tax return. If you have to send a return, it needs to be filed before 31st January following the end of the tax year.

What We Do?

Self Assessment Tax Returns Can be Complicated and Confusing.

We are a professional firm offering comprehensive services. We have completed thousands of tax returns over the years, putting us in the perfect position to help you. Our experts can also deal with more complex returns, including capital gains and entrepreneur’s relief claims. Our experienced accountants have helped thousands of people and businesses throughout the UK.

It is Vital to Submit Your Tax Returns On Time

Who Should Send A Self Assessment Tax Return?

Your Income was over £100,000
Your income from dividends from shares was £10,000 or more before tax
Your income from savings or investments was £10,000 or more before tax
Your income (or your partners) was over £50,000 and one of you claimed child benefit
You lived abroad and had a UK income
You were self-employed – you can deduct allowable expenses
You were a trustee of a trust or registered pension scheme
You were a company director – unless it was for a non-profit organisation (such as a charity) and you didn’t get any pay or benefits, like a company car
you made profits from selling things like shares, a second home or other chargeable assets and need to pay capital gains tax
You had Income from abroad that you needed to pay tax on
You had a p800 from HMRC saying you didn’t pay enough tax last year – and you didn’t pay what you owe through your tax code or with a voluntary payment
You got £2,500 or more in untaxed income, for example from tips or renting out a property – contact the helpline if it was less than £2,500

The Process

We Can File Your Self Assessment Tax Return for a Flat Fee.

We will provide you with an easy-to-understand tax questionnaire so that you can provide us with the information we need to proceed. We will then use that information to put together your return and send it to you for review prior to submission with the HMRC. Our team will work with you closely to understand your particular situation so that you are able to receive a solution that is tailor-made to your specific situation.

Contact Us Today

To find out more about our services and how we can help your business please call 01501-733444 or e-mail: enquiries@lonmayaccountancy.co.uk.

For a FREE no obligation quote on an accountancy package tailored to suit your individual business needs please provide,

1) Last year’s accounts or your Estimated Turnover and Anticipated Expenditure

2) Number of Years your business has been trading

3) Contact Telephone number.