Income Tax Returns

Supporting you to file your Self-Assessment Tax Return on time and avoid penalties.

ur service is prompt and easy to understand, we’re happy to discuss what you need over the phone/email 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

We will provide you with a simple form to complete and advise you on any additional documents to attach.

The fees below refer to Self-Assessment Tax Returns – for employed people, those with pensions and/or simple investment incomes.

• Before 15th June 2019 from £99 +VAT (early bird)
• Before 31st October 2019 from £125+VAT
• 1st November – 7th January 2020 from £155+VAT

If you have a more complicated requirement; for instance, you let a property, you receive income from complex investments, or you are self-employed, please get in touch for a separate quote. 

Please note this is a pre-payment service.

What to do next?

Contact us here or alternatively call 01793 818400 or email admin@ams-accountancy.co.uk and we’ll advise you.

N.B. These are the fines imposed by HMRC for late Tax Returns:

• 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)

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