Self Assessment tax return service
We make
Self-assessment simple.
Our self-assessment service is designed in a way that makes the tax returns effortless. Our team of dedicated accountants understands HMRC requirements inside out, ensuring your tax return process is efficient and accurate. We offer extensive tax return service that covers everything from preparing and submitting accurate tax returns to offering proactive tax planning advice that minimizes your Tax liabilities.
Think of us as your bridge to HMRC, managing all correspondence and queries so you can focus on your business. Whether you’re seeking advice on deductible expenses or need assistance with filing, our tailored solutions ensure your financial affairs are in expert hands. Let us simplify your tax journey with expert management and personalized service that ensures your tax affairs are always in order, allowing you to focus on what matters the most.
Yes, you do-if any of the following applies to you-
- You were self-employed as a ‘sole trader’ and earned more than £1,000
- You were a partner in a business partnership
- You had a total taxable income of more than £150,000
- You had to pay Capital Gains Tax when you sold or ‘disposed of’ something that increased in value
- You had to pay the High Income Child Benefit Charge
- You may also need to send a tax return if you have any untaxed income, such as: money from renting out a property tips and commission. income from savings, investments and dividends foreign income
You’ll get a penalty if you miss the deadline for submitting it or paying your bill. The late filing penalty is £100 if your tax return is up to 3 months late. You’ll have to pay more if it’s later, or if you pay your tax bill late.
Don’t worry, we are here to help!!!
How will we help?
One of our Chartered Accountants will contact you and discuss your tax matters over the phone. So, you have the opportunity to get all question answered.
You will then be asked for relevant information. We aim to prepare and file the tax return within 3-5 working days of receiving the requested documents.
We are open 7 days a week. We offer fixed fee pricing in all aspects of our bookkeeping and taxation services, so you will never be surprised with unexpected bills.
We have designed our services to easily fit within a busy executive's lifestyle through our cloud-based accounting software. We understand the importance of deadlines and work quickly to ensure each one is met.
We know our clients are busy running their businesses, so. We guarantee a response to any inquiry within 24 hours. Our friendly team is committed to delivering fast, efficient service with unwavering attention to detail.
What will you get?
A dedicated Chartered Accountant
Free Tax Consultation
Opportunity to review and amend the draft return.
HMRC Submission Response
Full Tax Calculation
Submit the tax return to HMRC
SA 302 (for mortgage applications)
Why TX Accountants?
Fully cloud-based service so you never have to arrange an appointment, leave your office, or wait in long lines for business tax and accounting.
Fixed Fee - No Hidden Cost
Never miss a deadline
HMRC authorised agent
Chartered Certified Accountants
Guaranteed response within 24 Hours
Fully Cloud Based service available so, you never have to schedule an appointment, leave your office, or wait in long queues to get your business tax and accounting done right.
Our Clients
No Hidden Cost
We pride ourselves on offering personalized tax and accounting services at competitive prices. Our transparent and straightforward pricing ensures affordability with no hidden costs, so you can budget confidently. We provide inclusive, high-quality solutions tailored to your specific needs, ensuring you receive excellent service at a fair and affordable price. Hiring us ensures you receive reliable service and consistent support that meets your expectations every time.
Individual
Self Assessment Tax Return
From £180 £120/Year
Discuss your circumstances
UTR Registration
Prepare & Submit Tax Returns
SA 302 & Tax Year Overview
Unlimited Phone/Email Support
Ongoing Tax Advice and Guidance
IDEAL FOR:
Freelancer, Landlords, Self Employed, Uber and other Cab drivers, Construction Workers, High income earners and all other people requiring to file Self-assessment Tax return.
Sole Trader
Self Assessment Tax Return
From £180 £120/Year
Discuss your circumstances
UTR Registration
Bookkeeping Software Set up
Prepare & Submit Tax Returns
SA 302 & Tax Year Overview
Unlimited Phone/Email Support
Ongoing Tax Advice and Guidance
IDEAL FOR:
Consultants, Designers, Engineers, Entrepreneur, Musicians, Project Managers, Software Developers, Solicitors
Partnership
Tax Returns
From £300/Year
Discuss your Circumstances
UTR Registration
Bookkeeping Software Set up
Prepare & Submit Tax Returns
SA800
Unlimited Phone/Email Support
Ongoing Tax Advice and Guidance
IDEAL FOR:
Any Partnership business such as Consultants, Designers, Engineers, Entrepreneur, Musicians, Project Managers, Software Developers, Solicitors
Individual
Self Assessment Tax Return
From £18 £12/Month
Discuss your circumstances
UTR Registration
Prepare & Submit Tax Returns
SA 302 & Tax Year Overview
Unlimited Phone/Email Support
Ongoing Tax Advice and Guidance
IDEAL FOR:
Freelancer, Landlords, Self Employed, Uber and other Cab drivers, Construction Workers, High income earners and all other people requiring to file Self-assessment Tax return.
Sole Trader
Self Assessment Tax Return
From £18 £12/Month
Discuss your circumstances
UTR Registration
Bookkeeping Software Set up
Prepare & Submit Tax Returns
SA 302 & Tax Year Overview
Unlimited Phone/Email Support
Ongoing Tax Advice and Guidance
IDEAL FOR:
Consultants, Designers, Engineers, Entrepreneur, Musicians, Project Managers, Software Developers, Solicitors
Partnership
Tax Returns
From £30/Month
Discuss your Circumstances
UTR Registration
Bookkeeping Software Set up
Prepare & Submit Tax Returns
SA800
Unlimited Phone/Email Support
Ongoing Tax Advice and Guidance
IDEAL FOR:
Any Partnership business such as Consultants, Designers, Engineers, Entrepreneur, Musicians, Project Managers, Software Developers, Solicitors
Frequently Asked Questions
No. All initial consultations are free of charge without any obligations.
Yes. You can contact us during the evenings and weekends. We understand that our clients may be occupied elsewhere during the working week and that some accounting works can be quite urgent at times, especially around deadlines.
Yes, we would be happy to formulate an accounting system suitable for your business. A simple Excel spreadsheet or accounting packages such as Xero, QuickBooks or Sage are some of the commonly used tools that we will help you to set up and train you how to operate.
Not at all. We are offering full fledge accounting services throughout the UK. We have designed our system in a way that you can have full support online via email, telephone, screen sharing and video chat. You can also sign all the documents electronically.
If your existing accountant already provides you with top-notch, pro-active services at fair prices, you should retain their services. Different accountants have different methods and levels of expertise. However, if your current accountant is not being able to deliver services suitable to your needs in the way that we can, then changing over to us is a simple process.
The ideal structure for your new business depends on many factors including the size and profitability of your business. What works optimally for one business may turn out to be unsuitable for another.
Each structure has some advantages over the others. Running your business as a sole trader is more simple, easy to set up and can even be cheaper, but carries significantly higher risk and can be less tax efficient than a limited company. Each method has merits in different circumstances, and we can provide an informed advice regarding which option is best for your business after a consultation.
You must keep records for 6 years from the end of the last company financial year they relate to, or longer if:
- They show a transaction that covers more than one of the company's accounting periods.
- The company has bought something that it expects to last more than 6 years, like equipment or machinery.
You should be registered for PAYE with HMRC and make all the relevant RTI submissions even if you have one employee or you are the sole director of your business and take salary from the company.
If your business turnover is over the annual registration threshold then you are legally required to register for VAT. Registering for VAT voluntarily may also be beneficial for your business. The VAT registration threshold for 2024 is £85,000.
According to HMRC regulations, you must pay your Corporation Tax within 9 months from the end of a financial year and then file your company’s Tax Return within 12 months from the end of that financial year.
The tax year runs from 6th April to the following 5th April. You have until January 31st of the following tax year to file your return and pay any due taxes and National Insurance payments of any particular tax year. You may also have to make a payment on account on 31st January and 31st July.
Although you own and control your company, it is a separate legal entity, and its assets and finance are to be kept separate from your personal assets and finance. Therefore, it requires its own business bank account as the funds belong to the company until it is distributed to you.
Testimonials
Here is what our clients say about us.
They approach the whole thing in a simple way. Great service, completely satisfied. Thank you!
I have been a client of TX Accountants for both business and personal needs, and I can vouch for their expertise in both areas. They are very efficient, and they make the whole process seem very easy.
The people at TX are very friendly and they guide you patiently throughout the entire process. I have been taking their services for quite some time now and they are very reliable and efficient
Quick, thorough services at reasonable rates. Recommended. Charles
Farhad has helped me out massively. As he had to rework the assessment a few times as I'd done it wrong. Definitely coming back to do next year's tax return. 5/5 from me thanks.
From start to finish the process was very simple, my accountant Farhad kept in constant communication guided me through the process & was happier to chat on the phone explaining the various aspects. A very, very well priced service, which I wouldn't hesitate to recommend to anyone.
Brilliant professional service, highly recommended, will definitely use again.