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Self-Assessment Accountants

Are you looking for self-assessment accountants to assist you with your next tax return? Our tax accountants can prepare your return and give you advice on how to reduce your tax liability.
In recent years, self-evaluation has become an undeniably difficult procedure. We are here to assist you with the stress of meeting deadlines and calculating tax liabilities for the Inland Revenue. The law on taxes is always changing. This not only makes self-assessment tax returns more difficult to understand, but it also increases the risk of fines for taxpayers who fail to file returns on time or correctly.
We can take this puzzle off your shoulders and hand it over to our professionals at SIR-AJ & CO. We'll perform all of the necessary calculations, file your tax return, and advise you on how to reduce your tax liability a An Introduction to Self-Assessment Tax Returns much as feasible.

An Introduction to Self Assessment Tax Return

Self-Assessment was introduced in 1997 with the goal of allowing taxpayers to simply complete their own tax returns. The reality, however, was not so straightforward.
The tax year extends from 6 April to 5 April the following year, and it is up to the individual taxpayer to Who has to fill in a Self Assessment Tax Returner tax liability and pay the tax due by the due date under self-assessment.

Who has to fill in a Self Assessment Tax Return?

Because the vast majority of persons in the United Kingdom are taxed under PAYE, they are not required to file a Self-Assessment Tax Return. You will almost certainly need to file a self-assessment return if you have income that is not taxed at the source. However, a self-assessment accountant like SIR-AJ & CO can help you in this area.

One is normally required of the following individuals...

  • Self-employed individuals
  • A trustee
  • A Firm director
  • Pensioners with a yearly income of at least £100,000
  • Employees or retirement with a yearly income of £10,000 or more from savings or investments
  • A salaried or retired person with a taxable annual income of £2,500 or more
  • A person who rents out their home or land to others
  • If you're not sure if you need to fill one out, please contact us for help.

    How Our Tax Accountants Can Help You

    Our tax accountants can help you complete your self-assessment return, provide you guidance on how to pay your liabilities, and deal with any inquiries you may have about your return. Get in touch with the staff right now.




Contact our Specialist Accounts Auditing team today

If you need account auditing, contact our team immediately or fill out the form below:

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Birmingham

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