We handle tax filing for clients in London and Enfield, including self-employed individuals, company directors and property investors.
If HMRC believes you need to file a self assessment tax return, they will notify you. However, it is your responsibility to register with HMRC if you receive untaxed income from self-employment, or if you are a company director, or you receive income from renting or selling property or have any other income which is not taxed at source.
You have the choice of completing your tax return yourself. The downside in doing so is that you may not be aware of how to claim your full expenses or any reliefs. It always pays to have a second pair of eyes on your tax return in case of any errors. If you involve C & K Accountants, you’ll benefit from our professional expertise, and your tax return will be completed correctly. What’s more you won’t have to wrestle with your tax return yourself, and spend your valuable time doing so.
The deadlines for self-assessment returns are October 31st in the year the tax year ends for paper returns and January 31st in the following year for online returns. For the tax year ending 5th April 2020, the deadline for paper returns is 31st October 2020, and 31st January 2021 for online returns.
Fines for late returns start at £100 for being a day late, rising to £1000 plus additional costs if your return is over 6 months late.