Working as a sole trader, partnerships, and limited companies can be exciting. However, handling your accounts alone can become a real challenge. At Paul Connon FFA, FFTA, we help independent taxpayers navigate the UK tax codes and identify self-employment's legal and financial responsibilities. Our knowledgeable accountants can submit your Self Assessment tax returns punctually to HMRC and help you maximise income in Blyth, Bedlington, Ashington, Cramlington, and Killingworth.
Our Self Assessment accountancy and tax returns service helps manage your return filing and the deadlines, giving you peace of mind to focus on your business. Our tax efficiency reviews ensure you claim available relief on your Self Assessment. Take the first step towards making your Self Assessment as easy as possible – consult our accountants today.
What Are Self Assessment Tax Returns?
Also known as Personal Tax Return, A Self Assessment tax return is necessary for declaring annual tax on income earned outside of what you make, if any, within the HMRC’s PAYE system. Anyone who is self-employed or has untaxed income or gains/profits received through capital investments is obliged to file personal tax. This process allows taxpayers to report and pay taxes on their income.
While it can be complex, keeping accurate records simplifies the process. This means you must diligently document every income and tax deduction throughout the year to simplify the tax filing process. With proper record-keeping, you also ensure that your Self Assessment tax returns comply with HMRC regulations. Despite its reputation for complexity, navigating Self Assessment is manageable with the right approach and support of a professional accountant.
Where Are We
Our office is based in Blyth, however, we can help businesses across the South East of Northumberland, including:
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Killingworth
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Cramlington
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Ashington
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Bedlington
File Your Self Assessment Tax Returns Online With Paul Connon FFA, FFTA. Contact Us On 01670 432139.