We prepare and file your self assessment tax return, check you've claimed every allowance and expense, and tell you exactly what to pay and when. No last-minute January panic.
You'll usually need to file if you're self-employed, a landlord, a company director taking dividends, a higher earner, or have income HMRC can't tax at source, such as foreign income or capital gains. If you're not sure, ask us.
Preparing and filing your online return
Claiming expenses, reliefs and allowances
Working out payments on account
Making Tax Digital quarterly updates, if they apply to you
Dealing with HMRC letters on your behalf
5 October: register for self assessment if you're new
31 January: online return due, plus tax owed and first payment on account
31 July: second payment on account
A late return means an automatic £100 penalty, even if you owe no tax.
It's how you tell HMRC about income that hasn't already been taxed, such as self-employed profits, rental income or dividends. HMRC then works out the tax you owe.
File as soon as possible to keep the penalties down. We can get your return in quickly and appeal penalties where there's a reasonable excuse.
You usually need to file if you're self-employed with income over £1,000, a landlord, a partner in a business partnership, or you have income HMRC hasn't taxed, such as large dividends, foreign income or capital gains. If you're not sure, ask us.
Paper returns are due by 31 October and online returns by 31 January after the end of the tax year. Any tax owed is also due on 31 January.
Advance payments towards next year's tax bill. If your last bill was over £1,000, you usually pay two instalments, each half of last year's bill, on 31 January and 31 July.
Friendly, very knowledgeable and so helpful. They take the hassle completely out of accounts and book keeping. We are a small business and it’s made such a difference to our peace of mind. Would not hesitate to recommend
Having had issues with accountants this year, I recently made the change over to work with West Yorkshire Accountancy, and what a decision I made! They’ve been nothing but helpful throughout the months they’ve handled my finances, I’d recommend these guys to anybody who’s serious about their finances.
Absolutely World class service, been using WYAS for years now, they always go and above beyond for their clients. Best firm in Huddersfield by a long way.
Book a free consultation, or email us at admin@wyas.co.uk.