The tax year runs annually from April 6 to the following April 5.
For the preparation, submission, and payment of personal tax returns for individuals and sole traders, the deadline is January 31 each year.
At the end of your financial period we will submit your authorised tax returns digitally to HMRC & Companies House.
Self Assessment
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax and the planning opportunities available to you. Over recent years HMRC have increased the penalties for failing to file a return on time and for errors. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
Self Employed
Preparing annual accounts, completing tax returns, advising tax payments due and on account. Sub contractor tax returns with CIS deductions along with contractor returns and CIS payments.
Self Assessment
Completing annual tax returns for our clients to include your investments, pensions & other income e.g. Landlords rental income, ensuring you are fully update with your tax affairs and HMRC repayments dealt with promptly.
Traditional accountants do a great job with the numbers, but that’s often as far as it goes. At Essex Accountants, we go much further.
We provide a comprehensive range of accounting and bookkeeping services, as well as more specialised assistance if you need it, to help you and your business grow.
WHAT IS A SELF ASSESSMENT TAX RETURN?
- Self Assessment is used to tell HMRC about any income that you might need to pay tax on. For instance, if you’re a sole trader, a partner in a partnership (and for the partnership itself), or the director of a limited company.
- Submitting TAX RETURN doesn’t always mean you’ll have a bill to pay, and can sometimes result in a tax rebate.
- This process is expected to change for some taxpayers in April 2026, with the introduction of MTD INCOME TAX SELF ASSESSMENT.
