HMRC uses a self-assessment tax return to collect income tax during each tax year. You are required to file a self-assessment tax return if you:
- Earn more than £1000 as a self-employee
- A partner in a business
- Get rental income
- Have sold properties or shares
- Get foreign income
- Getting child benefit even if your partner’s income is more than £50,000
Hayes Accountants offer great expertise and take the hassle to file your self-assessment tax return before the deadline. Our experienced accountants will calculate your taxable income and let you know how much you have to pay to HMRC.