Personal Tax Return Services
Personal Tax Return Services
We know managing personal tax obligations can be complex and time-consuming. We make this process straightforward and stress-free. Whether you’re self-employed, a sole trader, a landlord, or have additional income streams, we ensure your tax return is accurate and filed on time.
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Tax Efficient
We make sure you are claiming all the reliefs and allowances available to you.
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Knowledgeable
Our team stays up-to-date on ever changing tax laws.
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Simplified Process
We make tax compliance simple and hassle free.
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Supporting your business at every stage
As your business grows we can be there to support and advise you.
Personal Tax Returns
We make sure your tax return is completed and filed on time, and keep up to date with ever changing tax laws which can be complex, let us help you so you can focus on running your business or spending your valuable spare time with your family.
Our services include:
- Preparing annual accounts and income/expenditure statements
- Providing software solutions for sole traders.
- Certifying accounts/property income for mortgage purposes
- Statutory accounts and tax for your company
- Tax advice
Contact FHP Accounting to discover how our personalised personal tax return services can help you.
FAQs
Have you got questions about our accounting services? We’ve got the answers! Check out our FAQ section for quick and easy information.
But if you can’t find what you’re looking for, don’t hesitate to contact us. Our friendly team is happy to help.
Who needs to complete a tax return?
There are many reasons why you may need to complete a tax return, but the main reasons will be as follows;
- If you are self-employed in the UK
- If you have a UK property which you rent out
- If you have sold an asset in the UK
- If you live abroad for some or all of the year but have income arising from the UK
- If you receive any foreign income from abroad
- If you are working with the Construction Industry Scheme (CIS)
What is the tax return deadline?
The deadline for completing a UK tax return is the 31st January each year. If you a need to complete a tax return and do not do so by this date, HMRC imposes considerable fines for late filing and late payment of tax. Please contact us at your earliest convenience to ensure that this is done well ahead of the end of January.
The earliest that you can submit your tax return is the first day of the new tax year which is 6th April each year.
What is Making tax digital (MTD) will it affect me?
Making tax digital (MTD) supports HMRC’s plans to digitalise the tax system it aims to make it easier for individuals and businesses to get their tax correct.
You need to follow the requirements for Making Tax Digital for Income Tax if you are self-employed or a landlord from:
- 6 April 2026 if you have an annual business or property income of more than £50,000
- April 2027 if you have an annual business or property income of more than £30,000
I'm worried about Making tax digital (MTD) and I do not have any software for my accounts
We work closely with you to ensure you stay up to date and compliant, we can advise you on the best software for your business and pass on our preferential software rates, we often find our clients prefer using software and cannot believe they functioned without it, it usually results in time saving and may cost less than you think!
