Tax time is just around the corner. For the year ended 5^th April 2020, paper returns are due to HMRC on 31^st October 2020 and online returns are due 31^st January 2021. Any tax or Class 4 National Insurance contributions are also due on 31^st January 2021, so it makes sense not to leave your return until the last minute.

Do I Have To File A Return?

Not everyone has to file a return, but if you were employed for only part of the year you may be due a tax refund.

You must file a return if:

• HMRC has sent you a return
• You were self-employed for any part of the year
• You received income from rental of properties
• Your income was over £50,000 and you also received income from interest or dividends
• You are a company director
• You realised gains on sales of certain assets

What Paperwork Do I Need?

You will need your forms P45 and P60, certificate of deduction of interest from bank account(s), records of income from self-employment, statements of dividends received, records of purchase and sales of assets, and records of property income. If you are self-employed or a limited company and your accounts are not complete, our Accountancy Service can help you.

You will also need to be registered for self-assessment. If you have not filed a return before, click here to find out how to register.

What Will It Cost?

The fees depend on how complicated your return is, but start as low as £175* (income from employment and bank interest only).

Please note that Death and Taxes does not charge VAT.

Fill in the below questionnaire to receive a no-obligation quote based on your self assessment needs.