Self Assessment
Self-Assessment Tax Return Services
At Griffith Accountants Ltd, we specialise in taking the stress out of self-assessment tax returns for individuals, self-employed professionals, and business owners. Our expert team ensures that your tax returns are accurate, timely, and fully compliant with HMRC regulations. Whether you’re a sole trader, company director, or have multiple income sources, we provide tailored advice to help you navigate the complexities of UK tax laws.
Who Needs to File a Self-Assessment Tax Return?
Self-assessment applies to a wide range of individuals, including:
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Self-Employed Individuals: Sole traders and freelancers must declare their income and claim allowable expenses.
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Company Directors: Directors with untaxed income, dividends, or capital gains need to file returns.
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Landlords: Rental income and associated expenses must be reported to HMRC.
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High Earners & Investors: Individuals with income exceeding £50,000, particularly those receiving child benefits or dividends.
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Individuals with Foreign Income: UK residents earning income from abroad are also required to file a return.
If you fall into any of these categories, we can guide you through the entire process, ensuring you stay compliant and avoid costly penalties.
Our Self-Assessment Services
We offer a complete range of self-assessment tax services to ensure your financial obligations are handled smoothly:
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Full Preparation & Submission
We take care of the entire process, from collecting your income and expense data to calculating your tax liability and submitting your return online to HMRC.
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Capital Gains Tax Computations
For those with capital gains from property or investments, we offer accurate capital gains tax calculations, ensuring you claim the appropriate reliefs and pay only what’s required.
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Pension Tapering & Tax-Efficiency
Our tax experts provide personalised advice on pension contributions, helping you avoid unnecessary tax charges and maximise tax efficiency.
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Claiming Allowable Expenses
We help self-employed individuals and landlords claim all allowable expenses, such as travel costs, office supplies, and property maintenance, to reduce your taxable income.
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Tailored Tax Planning
We go beyond compliance by offering tax planning strategies to help reduce your future tax liabilities, optimise cash flow, and keep more of what you earn.
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Filing Amendments & Corrections
Made an error on a previous return? We can file amendments on your behalf, ensuring that your tax records remain accurate and up-to-date.
Common Mistakes to Avoid
Many individuals face challenges when filing their self-assessment returns, leading to errors that could result in penalties. These include:
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Missing deadlines (31st January for online submissions).
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Failing to report all income sources.
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Misunderstanding capital gains or allowable expenses.
At Griffith Accountants Ltd, a Self Assessment Accountant in London, we ensure that your return is accurate, submitted on time, and optimised to minimise your tax liability.
Why Choose Griffith Accountants?
ICAEW-Accredited:
As a registered member of the Institute of Chartered Accountants in England & Wales (ICAEW), you can trust our team to provide the highest level of service and expertise.
Personalised Service:
We take the time to understand your unique financial situation and provide advice tailored to your specific needs.
Timely Reminders:
Never miss a deadline again. We send reminders of important tax dates to ensure you stay compliant and avoid penalties.
Get Started Today
If you’re ready to simplify your self-assessment tax return and reduce the hassle of filing with HMRC, contact us today. We’ll handle every detail, so you can focus on what you do best. Schedule a consultation with one of our tax experts and let us help you maximise your tax savings and ensure full compliance.
020 457 957 95