Self Assessment Service London

Self assessment service – www.roydsaccountancy.co.uk/self-assessment-tax-returns/

 

Self Assessment is n HM Revenue (HMRC) system that is used to collect Income Tax from people in the UK.

 

You need to send a tax return if, in the last tax year:

 

•you didn’t pay enough tax last year

•you were self-employed - you can deduct allowable expenses

•you were a company director

•you got £2,500 or more in untaxed income

•your savings or investment income was £10,000 or more before tax

•you made profits from selling assets and need to pay Capital Gains Tax

•you or your partner’s income was over £50,000 and one of you claimed Child Benefit

•you were a trustee of a trust or registered pension scheme

 

There are other reasons that you may need to send a tax return. To find out if you need to send a tax return, contact our self assessment accounting team. You usually won’t need to send a return if your only income is from your wages or pension.

 

Contact us on 020 3488 0529 or visit our website for more information.

 

Royds Accountancy

Accountants in Eltham

43 Lovelace Green,

Eltham,

London

SE9 1LG

020 3488 0529

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