If you need to complete a Self Assessment tax return, we’re here to make it simple.
Each year, HMRC requires millions of people to report their income through Self Assessment. Whether you are self-employed, a landlord, or have other untaxed income, knowing how the process works and when to take action is key.
What Is Self Assessment?
Self Assessment is how HMRC collects Income Tax from individuals whose income is not taxed at source. This might include income from self-employment, property, dividends, or foreign sources.
Who Needs to File a Return?
You may need to file a return if you:
Are self-employed or a sole trader
Are a partner in a business partnership
Receive rental income
Have savings or investments above certain thresholds
Are a company director
Receive foreign income
Have made capital gains
If you are unsure whether this applies to you, feel free to get in touch and we can help clarify.
Key Dates to Remember
5 October – Deadline to register for Self Assessment if you are new to it
31 October – Deadline for paper returns
31 January – Deadline for online returns and for paying any tax due
31 July – Second payment on account (if required)
Missing a deadline can result in automatic penalties, even if you have no tax to pay.
How We Make It Easy
We have made Self Assessment straightforward with a system that saves you time and effort.
You will receive our Tax Return Checklist — a short, smart online form that asks all the right questions to ensure nothing is missed. It covers all sources of income, reliefs, expenses, and investments. You can upload your documents as you go, directly into the form.
It usually takes around two minutes to complete, plus any time needed to find your documents. Once it’s submitted, we handle the rest. Your tax return will be sent out for approval, ready to sign.
Benefits of Filing Early
Filing early means you:
Avoid the January rush
Get peace of mind
Receive any tax refund sooner
Have more time to plan and budget for any tax due
Gain clarity about your tax position well in advance of the payment deadline
Ready to Get Started?
If you are already a Stubbs Parkin client, you will be sent your Tax Return Checklist by email, if you want to discuss working with us, please do get in touch.