Self Assessment

From simple tax returns to more complicated cases, our tax experts can support you with preparing and filing your tax return and with tax planning where required.

Do I need to do a tax return?

The likelihood is that if you’re receiving any income that isn’t taxed at source, you’ll probably be required to complete a personal tax return. It’s this tax return that will then calculate the tax that you owe and confirm it to HMRC. 

Some of the most common criteria for needing to file a tax return is as follows:

  • You are self-employed or in a partnership

  • You are a director of a limited company

  • You’re receiving rent or other income from UK property

  • You are in receipt of untaxed savings or investment income

  • You or your partner receives Child Benefit and you have income exceeding £50,000

  • Your income is in excess of £100,000 gross

  • You have foreign income which should subject to UK tax

It’s solely your responsibility to ensure you file your tax return, and HMRC will not always tell you, therefore if you’re unsure on your situation, please feel free to reach out and we can advise.

db sharp & sons limited

“The team have helped us grow and become more professional. Dave has been invaluable in advising us. He has helped our accounts team so much and they now absolutely love Xero!”

David Sharp, D.B. Sharp and Sons Limited

“Stock taking was a nightmare and we kept everything on spreadsheets until we spoke to the team. Switching over to Xero was an easy process.”

Mick Ginn, Macron Store Hertfordshire

“One of my previous headaches was always the absence of reliable management information and that often consumed my time unnecessarily. Since working with the team, they have implemented new systems, enhanced existing systems and they provide information on a monthly basis which is accurate and clearly communicated. This allows me to spend time doing what I should be doing.

Combine that with their sector expertise, knowledge and professionalism we would have no hesitation in recommending their services to anyone.”

Sheldon Paule, Cameron Kennedy

“We’ve always found the team to be responsive, helpful, and proactive in suggesting ways for us to improve our processes. In particular, we have been happy with the move from Sage to Xero, which has made our lives much easier as we grow our business.”

Jack Waley-Cohen, what3words
total negotiation group

“As our accountants and advisors, the Smart Accountants have always been on hand to support our business but recently they helped the sale of our business to an Employee Ownership Trust. Ultimately this transaction helped us with obtaining a fair price for the business, ensuring long-term succession, and rewarding our employees. The team supported us from the very initial advice and planning stage right through to the implementation and were on hand to offer their expertise throughout.”

Mark Cranstoun, Total Negotiation Group

How we can help?

At the Smart Accountants, we can help you by preparing your tax return, calculating your tax liability and filing the tax return with HMRC online. We’ll inform you of the tax liability itself and HMRC’s payment deadlines. We can also offer our tax investigation service, which covers you from the costs of the accountancy fees associated with tax investigations, should you be subject to a HMRC enquiry, so that we can represent you and manage your case from start to finish.

The Next Steps

If you’d like to speak to us regarding preparing your personal tax return, please feel free to reach out and one of our experts will discuss this with you. 

Please call us on 0845 606 9632, email us at or complete the contact form below.