Online Self Assessment Tax Return Services
Self Assessment Accounting Services You Can Trust
Navigating the intricate landscape of business finances can be both overwhelming and time-consuming, especially when it comes to self assessment accounting.
At SwiftBooks, we recognise the importance of accurate, efficient, and hassle-free self assessment accounting services that cater to individuals and businesses alike.
What is a Self Assessment?
A self assessment is the process HMRC uses to collect income tax from individuals and businesses that don’t have tax automatically deducted.
As part of this process, you are required to submit a self assessment tax return each year, which includes earnings, income sources, capital gains and other relevant financial information.
The self assessment tax return enables HMRC to calculate how much tax you owe, or whether you’re due a refund. Filing accurately and on time is essential to stay compliant and avoid any fines or penalties.
Who Needs to Submit a Self Assessment Tax Return?
HMRC has specific requirements for individuals submitting a self assessment tax return, as detailed below:
- You are self-employed and have a gross income of over £1,000
- You are a partner in a business partnership
- You earn over £150,000 a year in taxable income
- You were required to pay the High Income Benefit Charge
- You have rental income of more than £1,000
Unsure whether you qualify?
Contact our team today, and we can give you the right advice to ensure you avoid fines and stay compliant.
Our 3-Step Self Assessment Tax Return Process
We send you a reminder
We will send you regular reminders to keep you on top of your account due date.
Obtaining information
We will then obtain all the information and compile the business accounts for your approval.
We submit your accounts
Once we’ve received your approval, we will submit your accounts directly to HMRC and Companies House on your behalf.
Why Choose SwiftBooks as your Online Tax Accountant?
With a vast experience in working with small businesses in the UK, SwiftBooks Accounting are ready to support your business.
Here are just some of the features of our self assessment online services.
Tax return compiled by an expert accountant
Suggest ways in which you can save on taxes.
Self Assessment submitted directly to HMRC
Fully compliant with HMRC guidelines
Who Do Our Self Assessment Accountants Help?
Our experienced team of online accountants for tax returns are trained to help a wide range of clients from different types of businesses across the UK.
Whether you’re a sole trader, a small business owner or a limited company, at SwiftBooks, we offer tailored accounting solutions that make your financial responsibilities manageable and compliant with HMRC.
How Much Do Our Self Assessment Services Cost?
At SwiftBooks, we offer comprehensive accounting packages as well as one-off support.
Our online self assessment services start from £39.99 plus VAT per month for help with your self assessment filing.
Explore Our Accounting Packages
Our bespoke accounting packages are designed to serve a range of UK businesses, including sole traders, limited companies, and partnerships.
We aim to meet all your accounting needs by offering expert accountancy services and advice while remaining great value-for-money.
Trust us to make your accounts simple with our monthly online tax accountant services.
Self-Employed
From £39.99 per month
Comprehensive and affordable online accounting packages, ideal for sole traders.
Small Businesses
From £39.99 per month
Cost-effective online accounting packages for small businesses, tailored to your individual needs.
Limited Companies
From £89.99 per month
Expert online accounting packages to help limited companies grow their business.
Partnerships
From £89.99per month
Tailored online accounting packages dedicated to helping partnerships manage their business accounts.
What our Customers Say
Speak To An Online Tax Accountant Today
Looking for help with your self assessment tax return?
Contact our expert team of accountants today for more information about how we can assist you.
Our Other Accountancy Services
As well as our online self assessment services, we also offer a comprehensive range of other accountancy services, including:
Online Self Assessment Services: FAQs
The documents you’ll need to provide depend on the reason you’re submitting your Self Assessment Tax Return.
If you’re filing because your income exceeds £150,000, and your only source of income is employment (PAYE), we typically just need your P60 and P11D forms issued by your employer. We might need your P40, but this is on a case-by-case basis.
When you choose SwiftBooks to help with your self assessment tax return, your dedicated accountant will advise which specific documents they need from you to file your tax return.
Yes, you will be able to speak directly to your assigned accountant. They will keep you updated throughout the entire process, and you can communicate with them via email or schedule meetings at times that work for you.
A self assessment tax return is submitted to HMRC once a year and it reports your business’s total income, allowable expenses, and profit over the financial year. This determines how much income tax and national insurance tax you owe.
In contrast, a VAT tax return can be submitted monthly, quarterly or annually. It reports the VAT you’ve charged on sales and the VAT you’ve paid on business expenses. This report determines whether you owe HMRC or are due a refund.
If you’re VAT registered when completing your annual self assessment tax return, it’s important to report your net income, excluding VAT. This ensures your tax calculations are submitted correctly.
Yes, we include company registration, PAYE registration and VAT registration in all of our accounting packages.
No, all our packages are rolling agreements and can be cancelled at any time, unless stated otherwise prior.
Once your business is up and running we can get you setup on our system within a few working days.
Very easy, all you need to do is forward your previous accountants details and we will request the handover details directly.
Our packages contain unlimited email support from your dedicated accountant.
You will be kept in the loop with upcoming deadline dates, outstanding items and regular suggestions to operate more efficiently.
Yes, we offer a range of ad-hoc accounting and tax services including Research and development applications. Get in touch to see how we can help you.
For our monthly packages, we would need your receipts and invoices uploaded to our bookkeeping software regularly. This has an easy to use app so you can take a picture of them as you receive them.