Employed Individuals

 

We Help Employed Individuals 

If you are an employed individual, most of your tax responsibilities are likely to be fulfilled by the PAYE system. However, in certain cases you are still required by HMRC to submit a Self-Assessment tax return, such as:

  • You are self-employed as a ‘sole trader’ or a partner in a partnership business
  • You are a company director
  • You own land or property and earn from renting out
  • You have income from savings, investments or dividends
  • You have foreign income from overseas
  • You have sold or given an asset away (such as a holiday home or some shares)
  • You have lived or worked abroad or aren’t domiciled in the UK
  • You are eligible and like to claim Income Tax reliefs or to claim Tax-Free Childcare or Maternity Allowance
  • Your income is over £50,000 and your household receives Child Benefits

Employed Individual Services

Submission of a Self-Assessment tax return is mandatory even if you don’t earn a profit from some of these activities.

You can also benefit by submitting a return by claiming allowable expense.

Our expert team can help you minimise your tax bill and save your hard-earned money in a compliant and timely manner.

We will simply ask few questions and obtain required information and handle everything for you ensuring all allowable expenses are claimed to optimise your income and any tax refund is claimed from the HMRC.

Please reach out today for a free, no-obligation consultation and to discuss how we can help.

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