Do you need Self employed tax return help?

Managing your HMRC self assessment and completing an accurate HMRC tax return can be daunting, especially if you're self-employed or have multiple income streams. At MSA Accountants, we specialize in helping individuals and small businesses navigate the complexities of the UK's tax system without the stress or high costs.

Whether you're a freelancer, contractor, or small business owner, completing your self employed tax return is a crucial part of your financial responsibilities. Ensuring your return is filed correctly and on time can save you from hefty fines and unexpected tax bills. Our team is here to make sure you never miss a deadline, and we can guide you through the process step-by-step.

Lets do your tax return

Why Choose MSA Accountants for Your Self Assessment?

Looking for self assessment accountants near me? MSA Accountants offers local expertise with a personal touch. We understand the unique challenges faced by the self-employed and small business owners. From calculating your income and allowable expenses to claiming deductions and tax reliefs, our experienced team can ensure your self employed tax return is accurate and optimised for your circumstances.

File Your Self Employed Tax Return Online with Ease

Filing your self employed tax return online can feel overwhelming, but MSA Accountants simplifies the process. We'll handle the technicalities of the online submission and ensure that everything is done in compliance with HMRC regulations. With our help, you can avoid common pitfalls that may trigger investigations or penalties.

Get Professional Help Without Breaking the Bank

MSA Accountants offers affordable services tailored to your needs, whether you need one-off self employed tax return help or ongoing accounting support. We believe that professional tax advice should be accessible to everyone, and we're committed to providing top-notch service without the hefty price tag.

Let us take the stress out of your tax return, so you can focus on growing your business. Contact MSA Accountants today to learn more about how we can help you manage your HMRC self assessment and tax returns with ease.

sources of income

Individual tax return checklist

Here is a detailed overview of the information we’ll need to complete your tax return, including income from self-employment, dividends, pensions, property, and any relevant allowances or reliefs. Simply use our easy upload feature to securely submit your data, and our team will take care of the rest, ensuring your return is accurate and filed on time.

Personal information

  • Full name and address
  • DOB
  • UTR
  • NINO

Income and expenses from the following sources;

Trade/profession or vocation

  • Self-employment
  • Partnership

Savings and dividends

  • Interest from UK banks etc
  • Interest from Gilts
  • Accrued income
  • Dividends from UK companies
  • Other dividends
  • Stock dividends
  • Bonus of issues of securities and redeemable shares
  • Close company loans written off

Gains

  • Capital gains
  • Life assurance gains

Other non-savings

  • Employment
  • Employment lump sums
  • Share scheme
  • Minister of religion
  • Members of Parliament etc
  • State pensions and benefits
  • Other UK pension etc
  • Other income/losses
  • Income from property

Trusts and Estates

  • Income from trust

Foreign income

  • Foreign saving income
  • Dividend from foreign companies
  • Overseas pension etc
  • Income from land and property abroad
  • Foreign life assurance gains

Allowances

  • Marriage allowance transfer
  • Blind Person's Allowance
  • Married couple's allowance

Charitable giving and Pensions

  • Gift aid payments
  • Gifts to charity
  • Pension payments

Investment reliefs

  • Subscriptions for Venture Capital Trust shares
  • Subscriptions for shares under EIS/Seed EIS
  • Community Investment Tax Relief
  •  Social Investment Tax Relief
  • Qualifying loan interest

Other

  • Post-cessation expenses etc.
  • Maintenance payments
  • Payroll giving
  • Relief for later years trading losses
  • Relief claimed on redemption of bonus shares

Non-residence

  • Residence Status
  • Remittance basis

Miscellaneous

  • Claim to reduce payment on account
  • Royalties and annual payments made
  • Student loan repayments
  • Underpayments and overpayments
  • High income child benefit charge