Completing a tax return can take time away from your work, business and personal commitments. It can also create uncertainty when your income comes from several sources, your records are incomplete or you are unsure which expenses and reliefs apply. Asmat & Co provides a tax return service for individuals, sole traders, landlords, company directors, contractors, freelancers and business owners throughout the UK.
Our team prepares your figures, checks the information supplied, calculates your tax position and submits your return to HMRC. You receive clear explanations at each stage, without unnecessary jargon. We focus on accuracy, compliance and tax planning, helping you understand what you owe, when it must be paid and what information you should retain.
We manage the process from initial review through to submission. Once appointed, we confirm the records required, identify the sources of income and review the information for gaps or inconsistencies. We then prepare the return, apply eligible allowances and reliefs, calculate the liability and send the completed return to you for approval before filing it with HMRC.
Our service can cover employment income, self-employment, property income, dividends, savings, pensions, partnership income, capital gains and other taxable income. Where your tax return connects with wider business obligations, we can also coordinate it with your company accounts, VAT reporting or year-end accounts.
Simple, all-inclusive financial solutions at a fixed price.
Professional accounting support tailored for your limited company.
Qualified accountants delivering expert services for partnerships.
Expert accountants delivering tailored services for Limited Liability Partnerships.
Hassle-free accountancy solutions tailored to contractors and freelancers.
Getting started is straightforward. We first discuss your circumstances and confirm the scope and fee. You then send your records securely, with guidance from us on what is needed. Your accountant reviews the information, raises any focused questions and prepares the calculation.
Before anything is filed, we explain the result and provide the return for your approval. Once authorised, we submit it electronically and confirm the filing position. We can also help you understand how to pay HMRC, whether future payments on account are expected and what to organise for the next tax year. This structured process reduces last-minute pressure and gives you a clear record of what has been completed.
Unlimited support via phone and email
Absolutely no hidden fees
Guaranteed response within 3 hours
We tailor our work around your actual circumstances rather than forcing you into a standard process. If your records need improvement, our bookkeeping services can help keep income and expenses organised throughout the year. Sole traders can also combine tax return support with our wider sole trader accounting service.
You need more than someone who enters numbers into a form. You need an accountant who reviews the wider picture, asks the right questions and explains the result clearly.
With Asmat & Co, you receive:
We aim to identify issues before they become problems. This includes checking whether all income sources have been included, whether payments on account may apply and whether your records support the claims made in the return.
A tax return accountant is useful when your finances involve more than a single salary taxed correctly through PAYE, or when you want reassurance that your return is complete. Common reasons include self-employment, rental income, dividends, asset sales, partnership income, contracting, overseas income or several sources of earnings.
Professional help is especially valuable if your records are disorganised, you have missed a return, HMRC has contacted you or you are unsure about expenses and reliefs. An accountant can review the whole position, identify missing information, explain payments on account and help avoid unsupported claims.
You can file a return yourself, but responsibility for accuracy remains with you. Using an accountant gives you an experienced professional to prepare the figures, highlight concerns and guide you through approval before submission.
Self Assessment is commonly required when HMRC cannot collect the correct tax automatically through PAYE or another deduction system. This may include sole traders, business partners, landlords receiving taxable property income and people with other untaxed income.
You may also need a return if you have capital gains to report, overseas income, taxable dividends or savings, or liability for the High Income Child Benefit Charge. Company directors do not automatically need to file only because they are directors, but they may need to where they receive untaxed income or meet another condition.
HMRC can issue a notice requiring a return. If you receive one, it should not be ignored, even if you believe no tax is due. Your full circumstances and the rules for the relevant tax year should be checked before deciding that a return is unnecessary.
The documents required depend on your income. Most clients should provide their Unique Taxpayer Reference, National Insurance number, personal details and relevant HMRC correspondence. Employees may need a P60, P45, P11D and details of benefits or expenses. Sole traders usually need invoices, bank statements, receipts, mileage records and details of business assets.
Landlords should provide rental statements, mortgage interest information, insurance costs, repairs, professional fees and details of property disposals. Investors may need dividend vouchers, interest certificates, platform reports and records of assets sold. Pension contributions and Gift Aid donations may also affect the calculation.
Do not delay speaking to an accountant because something is missing. An early review makes it easier to identify gaps, obtain replacement documents and decide how incomplete information should be handled.
The UK tax year runs from 6 April to 5 April. If you need to register for Self Assessment for the first time, the normal deadline is 5 October after the tax year ends. Paper returns are generally due by 31 October, while online returns are generally due by 31 January.
The balancing payment is normally also due by 31 January. Some taxpayers must make payments on account towards the following year, usually in 2 instalments due on 31 January and 31 July. This can make the first substantial Self Assessment bill higher than expected.
Preparing early does not bring the payment deadline forward. It gives you the amount sooner, allowing time to budget or seek help if payment may be difficult. Different rules can apply where HMRC issues a late notice to file, so correspondence should always be checked.
Allowable expenses depend on the income type and why the cost was incurred. For sole traders, a cost is generally considered by reference to whether it was incurred wholly and exclusively for the trade. Possible categories include office costs, professional fees, insurance, advertising, business travel, staff costs and appropriate use of home expenses.
Not every payment from a business account is deductible. Personal spending, drawings, fines and the private part of mixed-use costs normally need adjustment. Equipment purchases may be treated through capital allowances rather than as ordinary expenses. Property income follows separate rules, including specific treatment for residential finance costs.
The objective is to claim every legitimate deduction while retaining evidence and applying the correct treatment. Clear records and separate business banking make this process more reliable.
Yes. It is usually better to address the position promptly rather than wait for further HMRC letters. Late filing can lead to penalties, while interest and additional charges may apply when tax remains unpaid.
We can identify which returns are outstanding, organise the available records, prepare the figures and help bring your affairs up to date. Where information is incomplete, we explain what evidence is needed and whether estimates or provisional figures may be suitable. If a submitted return contains an error, it may be possible to amend it within the permitted period.
A penalty may sometimes be appealed where there is a genuine reasonable excuse, but the explanation should be supported by facts and evidence. Filing the missing return remains important even where an appeal or payment arrangement is also required.
Making Tax Digital for Income Tax changes how some sole traders and landlords keep records and report information. From 6 April 2026, it applies where qualifying gross income from self-employment and property is above £50,000. The threshold is due to reduce to above £30,000 from 6 April 2027 and above £20,000 from 6 April 2028.
People within the rules must use compatible software to keep digital records and send quarterly updates. They must also complete the required year-end submission and pay tax by the usual deadline. Quarterly updates are not 4 separate tax returns, but they create reporting duties during the year.
An accountant can check when the rules apply, help with software and keep records consistent. Early preparation matters because MTD affects record keeping throughout the year, not only the January filing process.
Record-keeping periods vary depending on whether you are self-employed and the type of return submitted. Self-employed people and business partners generally retain relevant business records for longer than individuals filing only for non-business income. HMRC may request evidence supporting income, expenses, gains, reliefs and tax paid.
Useful records include invoices, receipts, bank statements, mileage logs, payroll documents, property statements, contracts, investment reports and calculations. Digital copies may be acceptable where they are complete, readable and stored securely.
Keeping documents beyond the minimum period can be sensible where an asset is held for several years or an earlier transaction affects a later disposal. Organising records by tax year and income source makes future filing easier and provides stronger evidence if HMRC opens an enquiry.
After submission, keep the final return, tax calculation, filing receipt and supporting records. The calculation shows the amount due and whether payments on account apply. Tax is paid directly to HMRC using the correct reference.
HMRC may process the return without questions, update your statement or request clarification. A return may also be selected for an enquiry. This does not automatically mean anything is wrong, but requests should be answered accurately and on time. We can explain correspondence connected with a return we prepared and provide supporting calculations where appropriate.
Tell your accountant promptly if you later receive missing information, discover omitted income or identify an incorrect figure. The available correction method depends on the timing and circumstances. It is also useful to review the completed year and improve record keeping before the next filing cycle. This helps reduce pressure and gives you a clearer view of future liabilities.
