The clock is ticking file your self assessment tax returns to HMRC today?
14 December 2019Looking for accountants in London or within the UK? If you are based in London or within the UK, we have qualified team of accountants who will help you filling your income tax return, which are a right fit for your needs.
If you’ve still not filed your Self Assessment Returns for the tax year 2019-20, then you need to file it as soon as possible because the last filling deadline is Midnight 31 January 2020.
HM Revenue and Customs (HMRC) must receive your tax return and any money you owe before the deadline.
Who has to complete a tax return?
HMRC advises that you need to complete an income tax return if:
You are freelance or a sole trader
You are a higher-rate tax payer
You are the Director of a limited company and get paid via dividends
You receive rent or income from property in the UK
You receive foreign income even if you don’t normally live in the UK
You receive any form of untaxed income, capital gains or losses
You have your own pension fund or certain savings/investments
You receive other untaxed income specified by HMRC
If you completed a Self Assessment income tax return last year however didn’t have any tax to pay, you still need to complete 2019-20 tax returns.
Helping you file your income tax return.
The Self Assessment deadline on 31 January 2020 is quick going, however there's still time for individuals to file their tax returns online and on time to avoid any excess penalties.
If you would like help with your accounts, we provide affordable monthly fees for corporations and sole traders. Get an immediate quote from us today and we’ll sign you up with your own personal accountant.