Self Assessment Tax Returns: Filed Accurately, On Time, Every Year
A Self Assessment tax return is how HMRC collects income tax on earnings that fall outside of PAYE. That includes self-employment income, rental profits, dividends above the annual allowance, and a range of other sources. Many people find the return straightforward in principle but time-consuming and anxiety-inducing in practice, especially when life gets complicated mid-year. Trusted Figures takes it off your plate: we gather your figures, identify every relief you're entitled to claim, and file before the deadline.
What’s included
- Reviewing all your income sources and categorising them correctly
- Claiming all allowable expenses and reliefs applicable to your situation
- Calculating your tax liability and any payments on account due
- Filing your return with HMRC before the 31 January online deadline
- Explaining your bill in plain English so you know exactly what you owe and why
- Advising on the best time to pay to minimise interest charges
Who this is for
For sole traders, landlords, company directors, freelancers, and anyone else who receives income that isn't taxed at source.
Common questions
Typically: a summary of your income (invoices or a P60 if you're also employed), bank statements or a list of business expenses, mortgage statements if you have rental properties, and any P11D from an employer. We send you a simple checklist when we start, so nothing gets missed.
Yes. The sooner you get in touch, the better. Late filing penalties start immediately after the deadline but they don't compound the way interest does. We'll file as quickly as possible and, where there are genuine grounds, help you appeal the penalty with HMRC.
If your Self Assessment bill exceeds a certain threshold, HMRC requires you to make advance payments toward next year's liability, due in January and July. The first time this kicks in, it can feel like a double bill. We factor this into your planning from the start so there are no unexpected demands.
Usually yes, if you draw dividends, receive other untaxed income, or earn above a certain salary level. Filing a Self Assessment alongside your company accounts is standard for most director-shareholders, and we handle both.