Do You Need to Submit a Self-Assessment Tax Return?
If you’re self-employed, the director of a limited company or have received income during the tax year upon which tax is due, you have to complete and submit an HMRC tax return.
More specifically, you may have to complete your tax return online if you fall into one of the following categories:
- Self-employed (sole trader) who has earned more than £1,000 in the tax year
- A partner in a business partnership
- Receive rental income
- Receive income from savings, investments and dividends
- Wanting to claim certain tax reliefs
- Receive child benefit and your or your partner’s income was over £50,000
- Have sold assets in the tax year, such as additional properties or shares
- PAYE income of above £100K
HMRC Self-Assessment Accounting Services for Contractors and Freelancers
At Gorilla Accounting, we understand that you lead a busy life, so your only focus should be on running your business.
The last thing you want is to waste time wondering how to submit a tax return and worrying about getting it wrong. After all, completing and submitting a tax return can be confusing so, if you want to ensure you are paying the correct amount of tax, why not consult a professional for help?
As expert self assessment accountants, we have a wealth of experience handling self-employed tax returns, so we offer you the peace of mind of knowing that your HMRC self-assessment will always be completed with the correct information and in a timely manner.
Let us do all the work for you and save you time, stress and money.
Our specialist self assessment accountants will complete your HMRC tax return and advise you on minimising tax liability. We can also liaise with you on any queries, submit your tax return to HMRC and confirm the amount to be paid and when it’s due.
Why Choose Gorilla for Self Assessment Accounting Services?
Because tax legislation is constantly changing, keeping up with current regulations and understanding returns is increasingly difficult. But in order to meet the tax return deadline, contractors and freelancers need to be able to ensure that complex tax returns are submitted correctly; otherwise, you may incur serious penalties and fines.
There is where we come in.
Our many decades of experience across different industry sectors allows us to offer a dedicated self-assessment service that will handle it all for you. We can help regardless of your location in the UK, as we would just require copies of your records.
Contact us today to learn more about how we can help with your tax returns.
FREE Self Employed Guide
Self Employed Guide
Plan ahead and calculate
your take home pay
We have created an online contractor tax calculator in order to assist you with finding how much you take home per month.
To calculate, simply click on the link below and enter your day rate.