Self Assessment

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Years Of Experience

Self Assessment

Self assessment can feel overwhelming, but with Tax Relax, the process is easy and stress-free. Our approachable, expert team offers clear guidance, so you can concentrate on what you do best – managing your business.

What is Self Assessment?

Self assessment is how HM Revenue and Customs (HMRC) collects Income Tax from individuals and businesses with untaxed income. If you’re self employed sole trader, business owner, or have other income that hasn’t been taxed at source, you’ll need to complete a self assessment tax return.

Self Assessment

Why Choose Tax Relax for Your Self Assessment?

At Tax Relax, we combine expertise with approachability. Our experienced self assessment accountants offer simple, practical advice for your unique situation. We make tax matters easy to understand, so you always feel in control.

Key Service We Offer

Learn more about the key Self Assessment services we offer.

Complete Support

From registration to submission, we handle it all, ensuring your tax return is accurate and compliant.
We keep you informed about your tax responsibilities and key deadlines.

Expense Guidance

We help you identify allowable expenses and ensure you claim everything you're entitled to.
We offer advice on keeping your records organised for an easier tax return process.

Personalised Tax Advice

We provide practical tips to help reduce your tax bill and improve your financial health.
Our team offers ongoing support to adjust your tax strategy as your business evolves.

HMRC Communication

We manage all communications with HMRC, handling any questions or issues that arise.
If you're selected for an audit, we provide support to ensure a smooth process.

The Importance of
Timely Self Assessment

Submitting your self assessment on time is crucial to avoid penalties and interest charges. HMRC has strict deadlines, typically by January 31st each year. Missing these can result in fines and interest on unpaid tax. At Tax Relax, we track these important dates for you, ensuring your tax return is always submitted on time.

Our Process

The Self Assessment Process: Step-by-Step

Register with HMRC

We guide you through the registration process to ensure it's done correctly, or will do this for you to make it easier for you to concentrate on your business.

Gather Your Information

We help you collect all the necessary documents, such as income records and expense receipts.

Complete Your Tax Return

Our accountants carefully complete your tax return, ensuring all income and expenses are accurately reported.

Review and Submit

We thoroughly review your tax return for accuracy before submitting it electronically to HMRC.

Our Promise To You

At Tax Relax, our goal is to make your tax journey easy and worry-free. We promise to provide:

Clear communication by explaining tax matters in simple terms, so you understand every step.

Our team stays up-to-date with the latest tax laws, offering reliable advice. We provide support to fit your specific needs, ensuring you get the best possible assistance.

Benefits of Professional Self Assessment Services

Accuracy and Compliance
Avoid errors and penalties with our expert assistance, ensuring your tax return complies with current laws.

Time and Stress Savings
Let us handle the details, without the stress of tax worries.

Maximised Deductions
We ensure you benefit from all available deductions and reliefs, improving your financial outcomes, where possible.

FAQ

Frequently Asked Questions

Find some frequently asked questions about our Self-Assessment services, or get in touch with us if you have any other questions.

Missing the self assessment deadline can result in immediate penalties and interest on any unpaid tax. If you're late by up to three months, you'll incur a £100 penalty and this can change at any point by HMRC. Additional penalties apply for longer delays. If you find yourself in this situation, it's crucial to file your return and pay any tax due as soon as possible to minimise additional charges.

Get in touch

Get Help With Self-Assessment

Starting your self assessment with Tax Relax is simple. Contact us to set up a consultation, and our friendly team will guide you through the next steps. Whether you’re a sole trader, a small business owner, or have other untaxed income, we’re here to help.

Dealing with self assessment can be a breeze with Tax Relax by your side. Our supportive and knowledgeable team ensures your tax return is accurate, compliant, and submitted on time, freeing you to focus on growing your business. Let us show you how we can make self assessment easy – contact us today.