Income Tax
Self Assessment places responsibility on the taxpayer to report their income, calculate the tax due and meet payment deadlines. For individuals and partnerships, the online filing deadline and the usual deadline for paying any outstanding tax are 31 January following the end of the tax year.
Self Assessment made simpler
Completing the SA100 Self Assessment tax return and any relevant supplementary pages can be time-consuming, particularly if you receive income from several sources. Tax legislation and reporting requirements can change, and it is not always easy to know which reliefs may be available or how particular transactions should be treated for tax purposes.
At Evans Entwistle, we prepare Self Assessment tax returns for a range of individuals and businesses, including:
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Sole traders
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Partnerships
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Construction Industry Scheme (CIS) workers
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Subcontractors
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Agency workers
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Seasonal workers
Meeting your tax obligations
It is important to ensure that your tax return is accurate and submitted on time. HMRC can charge penalties and interest where returns are late or tax remains unpaid. Late filing penalties can increase the longer a return remains outstanding, so keeping track of deadlines is essential.
Accurate tax returns
We help prepare your return using the information relevant to your circumstances, including income from different sources and applicable supplementary pages.
Planning ahead
Submitting your return early helps you understand your tax liability well before the payment deadline, giving you more time to plan and budget.
Tax efficiency
Preparing your return gives us an opportunity to identify relevant allowances, reliefs and potential ways to make your finances more tax efficient.
HMRC representation
We can act as your agent, deal directly with HMRC on your behalf and assist you if your Self Assessment return is subject to an enquiry.
Filing early can also help you receive any repayment due sooner, subject to HMRC processing. Our aim is to help you remain compliant, understand your responsibilities and deal with your tax affairs with confidence.
Need help with Income Tax?
For advice on Self Assessment, tax returns or other income tax matters, contact our tax team to discuss your circumstances.