Filing your self-assessment tax return can be complex and overwhelming, but with Affotax, we make the process simple and stress-free. Whether you’re self-employed, a UK company director, or have untaxed income, we are here to assist you in managing your SA100 tax return.
A self-assessment tax return, also known as the SA100 form, is the official method for reporting untaxed income to HMRC. If your income isn't taxed at source, you'll need to complete a self-assessment tax return. This includes earnings from self-employment, rental properties, dividends, savings, and capital gains.
For those who are self-employed, company directors, or earn income from multiple sources, filing a self-assessment tax return ensures that HMRC is aware of all your earnings so they can assess the appropriate tax you need to pay.
Certain individuals are legally required to submit a self-assessment tax return. You’ll need to complete and submit this form if you:
If any of the above applies to you, completing your self-assessment tax return will help ensure you comply with UK tax regulations and avoid penalties.
Navigating through the process of completing and filing your self-assessment tax return can be confusing. At Affotax, we provide expert assistance to ensure your SA100 form is filed accurately and on time. Our comprehensive services include:
Our goal is to make your self-assessment tax return as straightforward as possible so you can focus on what matters most to you.
The SA100 form is the main document used to file a self-assessment tax return. This form includes sections for:
Let Affotax take the stress out of filing your self-assessment tax return. Our team will ensure that your SA100 form is completed and submitted accurately, on time, and with all the necessary information. We make sure everything is in order, so you don’t have to worry about anything.
Contact Affotax now for expert support with your self-assessment tax return. We’ll help you navigate the process efficiently, so you can focus on your personal and professional goals without the worry of tax compliance.
Our team has extensive experience handling self-assessment tax returns for a wide range of clients, from freelancers to business owners.
Filing late or incorrectly can lead to hefty fines. We ensure your return is filed on time and with all the necessary details.
Whether you need help with a complex tax situation or are just filing for the first time, we offer personalized guidance to make the process as smooth as possible.
We help you identify eligible tax reliefs and deductions, so you don’t pay more than you need to.
No hidden fees—just clear and competitive pricing for our services.
Our team has extensive experience handling self-assessment tax returns for a wide range of clients, from freelancers to business owners.
Filing late or incorrectly can lead to hefty fines. We ensure your return is filed on time and with all the necessary details.
Whether you need help with a complex tax situation or are just filing for the first time, we offer personalized guidance to make the process as smooth as possible.
We help you identify eligible tax reliefs and deductions, so you don’t pay more than you need to.
No hidden fees—just clear and competitive pricing for our services.
Have questions or need personalized support? Our team is here to help you every step of the way—don't hesitate to reach out!
Individuals with certain types of income, including self-employed individuals, those earning additional income, and those with complex financial situations must submit.
The process is quite straightforward: You provide the details of your income, expenses, and deductions on the form, which can be submitted to HMRC either through their online platform or by mail.
Typically, the deadline for online submissions is January 31st, while the deadline for paper submissions is October 31st. It's essential to meet these deadlines to avoid any penalties.
You generally need to register only once, but keeping HMRC updated is essential if your circumstances change.
To avoid penalties and ensure compliance, it's essential to register for Self Assessment by the designated deadlines. If you're self-employed, receiving income from land or property, or have capital gains tax to pay, you should register immediately. Otherwise, register by October 5th following the end of the tax year (or January 5th for online registration). Don't delay, as timely registration is crucial for meeting HMRC requirements. Consult a professional accountant for guidance on Self Assessment registration and tax obligations.
Even if you don't owe any taxes, you may still be required to file a Self-Assessment tax return. This is the case if you receive a Self-Assessment tax return form (SA100) from HMRC, or if your income exceeds certain thresholds, such as £100,000. Additionally, if you have capital gains or losses, or if you wish to claim reliefs or allowances, filing a Self-Assessment tax return is necessary. Submitting a return ensures that HMRC's records are accurate and up-to-date, and helps avoid potential penalties. Our accountancy experts can guide you through the process and determine if filing is required in your specific situation.
When completing your Self Assessment tax return, you'll need to provide various personal and financial details. This includes your personal information such as name, address, and National Insurance number, as well as business or trading details like income, expenses, and profits. Additionally, you'll need to report employment details, including P60 and P45 forms, and any PAYE information. You'll also need to disclose interest, dividends, and investments, as well as any capital gains or losses. Furthermore, include charitable donations and any relief claims, such as pension contributions or mortgage interest. It's essential to keep accurate records of income, expenses, and supporting documents to ensure a smooth and accurate submission. Our experienced accountants can guide you through the process, ensuring you meet all requirements.
As a self-employed individual, you can claim allowable business expenses against your income, which helps reduce your taxable profit. Eligible expenses include costs related to business use of your home, car, or equipment, as well as travel and subsistence expenses. You can also claim for stationery, utilities, insurance, professional fees, and training costs. Additionally, capital allowances can be claimed on assets purchased for business purposes. To ensure accurate claims, maintain detailed records and keep receipts to support your expenses. Our experienced accountants can guide you in maximising your expense claims, ensuring you minimise your tax liability and optimise your financial performance.
If you have any personalised guidance or additional inquiries about our service, please don't hesitate to contact us.
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07:00 - 18:00 | Monday to Friday
07:00 - 18:00 | Monday to Friday