01793818400 admin@ams-accountancy.co.uk

Self assessment

2017/2018 Self-Assessment Income Tax Return Service

Our service is prompt and easy to understand, we’re happy to discuss what you need over the phone or you can come to our offices.

You must submit a Self-Assessment Tax Return if any of the following apply to you:

You are a Company Director

You are a Sole Trader (Self-Employed)

You or your partner receive or have income above £50,000 and receive Child Benefit

You receive foreign income that is liable to UK Tax.

You are a recipient of investment income over £10,000

Your annual income exceeds £100,000

You are in receipt of rental income

You have to pay Capital Gains Tax

AMS Tax Return Service - fees

Please note. The fees below refer to Self-Assessment Tax Returns – for employed people, those with pensions and/or simple investment incomes. Please contact us for a separate quote if you have a more complicated requirement; for instance, you let a property, you receive income from complex investments, or you are self-employed.  Tel:  01793 818 400.

Before 15th June 2018 from £96.50 +VAT (early bird)

Before 31st October 2018 from £122.50+VAT (£147)

1st November - 7th January 2018 from £150+VAT (£180)

We will provide you with a simple form to complete and return to us. We will also advise you on which additional documents to attach. Please note, this is a pre-payment service.

 What to do next?

Call 01793 818400 or email admin@ams-accountancy.co.uk and we’ll advise you.

HMRC Penalties for late Returns (even if there is no tax due)  

If you submit your Tax Return later than 31st January £100
If 3 months late - £10 per day for up to 90 days
If 6 months late – additional £300, or, if higher, 5% of tax due
If 12 months late – a further £300, or, if higher, 5% of tax due 
If your Income Tax Return is 7 months late, the penalties will be at least £1,300 (£100 + £900 + £300)