Self Assessment tax returns in Paul's Green

Anyone in Paul's Green who has been told to file a return: the self-employed, landlords with one or several properties, company directors taking dividends, people earning over £100,000 or repaying Child Benefit through the High Income charge, and those with capital gains, foreign income or untaxed savings interest to report.

• SA100 and every supplementary page you need (self-employment, UK property, dividends, capital gains, foreign income)
• A reconciliation against your HMRC personal tax account so nothing is missed or double counted
• Payments on account calculated and a one-page payment schedule sent to you
• Claims for allowable expenses, pension relief, Gift Aid and the trading allowance checked before filing
• Reminders at 60, 30 and 7 days before the 31 January deadline
• HMRC correspondence about the return we filed handled at no extra charge

1. Scope the job

   We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.

2. Agree the price

   The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.

3. Hand over the records

   Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.

4. Approve, then we submit

   You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.

Paul's Green is in South West, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.

Corporation Tax rates and marginal relief

Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.

The VAT registration threshold

VAT registration is compulsory once taxable turnover in any rolling twelve-month period exceeds £90,000, or when you expect to exceed that in the next thirty days alone. The test is rolling, not by tax year, and includes zero-rated sales. Businesses regularly cross it without noticing, and late registration means accounting for VAT on sales where it was never charged to customers.

Closing a company

A solvent company that has finished its purpose can be dissolved by voluntary strike-off: form DS01 with a £13 Companies House fee, after three months without trading and with all debts paid, final accounts and tax return filed, and assets distributed. HMRC objects to any application where returns or tax are outstanding, so the sequence matters more than the form.

Switching accountants

Changing accountant is simpler than most people fear. You authorise the new firm, which writes to the old one for professional clearance and your records; the outgoing accountant must hand over your own documents and usually does within two weeks. The new firm registers as your agent with HMRC and picks up the next filing. There is no need to wait for a year end.

The trading and property allowances

Not every small income needs a tax return. The trading allowance exempts the first £1,000 of self-employment or casual income and the property allowance does the same for rental income, each measured on gross receipts. They cannot be combined with rent-a-room relief on the same income, and claiming the allowance means giving up the expense deduction for that source.

Dormant companies

Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.

Workplace pensions and auto-enrolment

Every employer must assess its workers for automatic enrolment from the first employee's start date. Those aged 22 to State Pension age earning over £10,000 a year must be enrolled into a qualifying pension with minimum contributions of 8% of qualifying earnings, at least 3% from the employer, and a declaration of compliance made to the Pensions Regulator within five months.