Self Assessment
Tax Returns

Our team of tax experts understand the complexity of Self Assessment Tax Returns and are here to guide you through the process.

The annual deadline to submit a tax return is 31st January and HMRC charge a minimum £100 late filing penalty. We offer a comprehensive service catering for your specific circumstances.

Tax laws are changing constantly and working with us ensures peace of mind that your tax affairs are dealt with accurately and submitted to HMRC on time.

Book FREE Consultation

Self Assessment - Landing Page

How AJN Accountants can help?

Registration

Ensuring you are correctly registered with HMRC for self-assessment.

Payment Advice

Advising on payment of any tax bill to HMRC and due dates.

Calculation

Calculating your tax liability, submitting your tax return to HMRC.

Tax Efficiency

Advice on any regulations to make your submission more tax efficient.

When to complete a Self Assessment Tax Return?

Whatever category you fall under, our team of specialists are ready to help you.

Receiving untaxed income such as dividends from a company

Earning over £50,000 per annum and in receipt of child benefit
Self-employed or partnerships you may have
Employed and earning over £100,000 per annum
Receiving property income on an annual basis
Receiving foreign income on an annual basis

When to complete a Self Assessment Tax Return?

Whatever category you fall under, our team of specialists are ready to help you.

Receiving untaxed income such as dividends from a company

Earning over £50,000 per annum and in receipt of child benefit
Self-employed or partnerships you may have
Employed and earning over £100,000 per annum
Receiving property income on an annual basis

Receiving foreign income on an annual basis

Frequently Asked Questions

How can I determine if I need to file a Self Assessment tax return?
You may need to file a personal tax return if you fit into several categories, such as being self-employed, a partner in a business, receiving rental income over a certain threshold, having significant savings or investment income, needing to pay Capital Gains Tax, or if you have income from abroad. Additionally, if you have been contacted by HMRC requiring you to submit a return, compliance is mandatory. Our team can help you understand your obligations and ensure you meet all requirements.
What information do I need to provide for my Self Assessment tax return?
To accurately complete your personal tax return, you’ll need to gather various pieces of information, including details of your income (from employment, self-employment, pensions, dividends, interest, and any other sources), any tax reliefs or allowances you are claiming, contributions to pensions or charity, and information on capital gains or losses. Keeping detailed records throughout the year will simplify this process. Our specialists can guide you on precisely what’s needed for your situation.
How can I ensure I'm taking advantage of all available tax deductions and reliefs?
Maximising tax efficiency involves a comprehensive understanding of the tax reliefs and deductions available to you, such as allowances for savings, investments, pension contributions, and expenses related to self-employment. Our Personal Tax Returns Service includes personalised tax planning, where we’ll review your finances in detail and recommend strategies to optimise your tax position, ensuring you benefit from all applicable deductions and reliefs.
What happens if I miss the Self Assessment tax return deadline?
Missing the tax return deadline can lead to immediate penalties from HMRC, starting with a £100 fine, even if there’s no tax to pay. Additional charges and interest on overdue tax can accumulate over time, significantly increasing the amount owed. To avoid these penalties, it’s crucial to start the tax return process well in advance of the deadline. Our service is designed to ensure your tax return is prepared and filed punctually, helping you avoid unnecessary fines and stress.
Can I switch to your service if I've already started my Self Assessment process elsewhere?
Absolutely, switching to our service is straightforward, even if you’ve begun the process with another provider. We’ll take care of transferring your information and ensure a seamless continuation of your tax return preparation. Our team will review any work already completed for accuracy and completeness, and then proceed with preparing your tax return, ensuring a smooth transition and peace of mind that your tax affairs are in capable hands.
Ayoub Merali
Ayoub Merali
2023-08-13
AJN have been extremely helpful in assisting me with my tax requirements. Being resident across multiple jurisdictions, my tax affairs involved dealing with the statutory residency test and Omair was extremely helpful, showing empathy and technical expertise. Highly recommend AJN
Leslie Linguiti
Leslie Linguiti
2023-08-13
I had a great experience with Omair and am very grateful to all of his help and confidence in sorting out a stressful issue - definitely recommend, thank you!
Sarah Neal
Sarah Neal
2023-08-07
I've been a client of Omair's for several years and very happy with their service and commitment to seeing my business succeed. Efficient and professional company and I highly recommend using AJN Accountants.
Richard Hunt
Richard Hunt
2023-06-15
I reached out to Omair at AJN in need of assistance after getting frustrated with my then current accountant and was met with exactly what I needed - a calm, patient and knowledgable professional. Omair explained matters to me in simple terms and provided me different options and did all that he promised in line with when he promised. AJN are now my accountants and I cannot recommend their services enough.
Toby Lampier
Toby Lampier
2023-06-15
Very efficient and friendly service. In-depth knowledge of the matter at hand and gave good impartial advice. Would recommend.
Abqur Qureshi
Abqur Qureshi
2023-06-04
Was recommended by a friend, haven’t looked back since AJN Accountants Limited is the way forward, will be and would recommend to any business owner, to sum it up in one word, faultless! Highly recommended!!!!!
Daniel Stanbridge
Daniel Stanbridge
2023-05-23
A personable, professional and efficient service from start to finish, can not recommend highly enough.
Ian Viggars
Ian Viggars
2023-05-11
AJN have been my accountants for over 5 years now. I'm a sole trader and they provide a very helpful and courteous service for someone like myself who doesn't necessarily understand the ins and outs of taxes. Omair in particular is always incredibly helpful with any questions I have about my tax returns.
kevin dzakpasu
kevin dzakpasu
2023-05-11
I’ve been with AJN Accountants since 2016 and have been nothing but happy with their service, courtesy, professional behaviour and willingness to provide their clients with more than just a book keeping service. The team is prompt to respond to queries, takes the time to thoroughly explain things and works with me to ensure I am fully aligned & clear on my company’s financial position.